Thai stocks today fluctuate within a range of 1,530-1,550 points, lacking new factors to stimulate.

Krungsri Securities estimate Thai stocks today 12 Sep. 2566 Index fluctuates 1,530 - 1,550 points due to lack of new factors stimulating investment. Investors follow the announcement of economic policy to the House of Representatives and the Cabinet meeting on the issue of various measures to stimulate the economy.

However, the pressure of foreign fund flows from the interest rate direction of the US Federal Reserve. (Fed) that is uncertain and following the US CPI numbers in August will cause investment conditions to fluctuate. Investment strategy: Selvectie buy PSL TTA, benefiting from rebounding freight rates, PTTEP BCP SPRC, crude oil prices are stable at a high level above 85 US/Barrels CPALL CPAXT HMPRO GLOBAL DOHOME CPN CRC COM7 SYNEX expects Thai economic stimulus policy for

Today's recommended stock: DOHOME (Closes 11.70 Buy/Highest target IAA Consensus 13.60 baht) This is another security that will directly benefit from measures to stimulate purchasing power, especially among grassroots customers who are DOHOME's main income base, while steel prices that used to put pressure on prices began to Gradually recovering, directly affecting DOHOME's budget. BCH (closes at 18.70 Buy/Target 23 baht) is a stock, Defensive stock. 3Q23 earnings trend will grow outstandingly, q๐q because it is the high season of the business and there is an increase in the spread of disease. Such as dengue fever and foot-and-mouth disease in children, issues that need to be followed up.

China's economic activities have positive signs, such as the amount of lending returning to increase: China reports monthly loan totals August increased to 1.36 trillion yuan, compared to 3.5 billion yuan in July, and higher than the consensus estimate that there would be only 1.2 trillion yuan in total lending, reflecting the economic activity in China beginning. recovering in a better direction

Cabinet meeting tomorrow. The first meeting is likely to approve measures to reduce the cost of living: For example, measures to reduce electricity costs and oil prices are positive for the retail group from increased purchasing power. As for the refinery group, it will recover if the reduction in oil prices is not related to the price at the refinery gate. As with the recovery of power plants, if the government does not reduce the Ft inflation (CPI) value of the United States in August, it will indicate the Fed's inflation direction: Consensus expects Headline CPI to increase to 3.4% from 3.2% in the month. July, but expect the Core CPI to drop to 4.5% from 4.7% in July. (The number should decrease or be lower than the market expects to be positive for investment because the market will interpret it as slowing inflation. will encourage the Fed to stop raising interest rates)