Thai stocks today Swing sideways No new factors Follow the debate on the year's budget. 68-Clarity LTF

Thai stocks today, June 20. Analysts expect the index to swing sideways to support the base. There are no new factors affecting the index. In the country, we are waiting to follow the debate on the 68 budget. As for the overall market, it is in the period of building confidence. The measures taken by the Stock Exchange should also help restore confidence. Including the revival of LTF funds.

Mr. Chanchai Panthathanakit, Research Director, Maybank Securities (Thailand) Said that the trend of the Thai stock market this morning is expected that the index will swing sideways and maintain its base. There are no new factors affecting the index. Last night the US stock market was closed while the country waited to follow the discussion of the draft fiscal year 2568 expenditure bill on June 19-21, which there will be tomorrow. vote Believing that there shouldn't be any problems.

Meanwhile, the overall Thai stock market is in the period of regaining confidence. In the next period, it should gradually improve because political issues are likely to have passed their heaviest point. and the Stock Exchange Various measures have been released which are considered likely to help restore confidence in the next period, such as announcing the properties of stocks that can be short sold and the Uptick measure.

Including the revival of long-term stock mutual funds (LTF), which, if clear, should be a factor supporting the downside of the market. It is expected that the short-term picture of the index will fluctuate and create a base. The support level is 1,290 points and the resistance level is 1,310 points.

Innovation Exchange Securities expect SET A rebound signal has been generated since yesterday. Today we can expect a short-term rebound. However, overall the technical signals are still negative. and political pressure factors, including the direction of fund flows, causing the upper limit to remain limited. With resistance levels at 1,310 -1,315 points, support levels are at 1,290 and 1,280 points, respectively.

In the short term, the SET is still volatile and fragile. Concerned about the lingering political risks in the country, as of June 18, the Constitutional Court has not yet made a decision on the Prime Minister's qualifications case and the case on the dissolution of the Kao Kao Party. The next consideration is scheduled for July. Therefore, it is expected that the SET will still tend to underperform stock markets in the region. Among the figures for Thai automobile production and exports are expected to remain weak.

Meanwhile, industrial production in China and the United States is expected to continue to recover. The BoE is expected to maintain its policy interest rate at 5.25% but will signal easing of monetary policy in 3Q67. Therefore, the investment strategy recommends “Selective Buy”.

Krungsri Securities Thai stocks are expected to "Rebound" today, resistance level 1,310/1,315 points, support level 1,295/1,290 points. The US stock market was closed yesterday. Meanwhile, England's May 24 CPI inflation has adjusted down to the BOE target of 2%, causing the market to expect the BOE to cut interest rates on August 24 and will be the third country after Canada and the Euro group, indicating the G3 interest cycle is entering. towards the downturn in 7H2, continuing to drive risky assets

Internally, even though foreigners continued to sell stocks for the 20th day, they began to see a return to buying billions of baht in bonds for the first time in 11 business days, weighing down the 10-year TH Bond Yield to 2.74% (peak at the end of May. 2.86%) supporting Current and Forward Equity Risk Premium (ERP), currently high at 3.6% and 4.2% vs. most reversal points in the absence of an economic crisis, ERP + 1 SD at 4.09%, giving foreign investors a chance to slow down selling pressure, combined with psychology Plus the budget for 2025, the highest investment budget in 17 years, begins moving forward with the consideration process. Today, we look forward to continuing the rebound.

Leading stocks are the Yield Peak group, supporting those that are still adjusting deeper than the market and still have high short sales. Expect to see an acceleration of short cover today. Recommend CPALL, MINT, TRUE.

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