Globelex recommends investing in Thai stocks, prominent contractors, responding to the resolution to set the 68 budget frame at 1,390-1,440 points for the SET.

Globelex sees Thai stocks swinging sideways in January as the market loses weight and expects the Fed to cut interest rates. Advice on investing in stocks to benefit from the resolution Cabinet approves budget framework for 68 including CK, STEC, CIVIL, UNIQ

Miss Wilasinee Bunmasungsong Senior Director of Research GBS Evaluate direction The Thai stock market still has a chance to fluctuate sideways, with support from the US Department of Labor revealing the PPI index was lower than the market expected.

As a result, the FedWatch Tool indicates that investors weigh 70% that the Fed will cut interest rates by 0.25% to 5.00-5.25% at the March 19-20 meeting, from 79.5% last week. Meanwhile, in the country there is still a lack of new supporting factors, plus there are negative issues from the postponement of the digital wallet board meeting. Therefore, the Thai stock index is given a range of 1,390-1,440 points.

The decline in China's CPI and PPI reflects that China continues to face deflation while the economic recovery remains weak. Although the Chinese government has issued several economic stimulus measures, And recently the Bank of China maintained the policy interest rate at 2.50%, contrary to the market's expectation that it would reduce interest rates to stimulate the economy.

Geopolitical risks remain over US and UK airstrikes on Houthi targets in Yemen. This was in response to the Houthi rebels' repeated attacks on commercial ships. until affecting navigation in the Red Sea

As for the accumulated securities trading value by investor group from January 1-12, 2567, it was found that domestic institutions net sold 1,319.49 million baht and foreign investors sold net 6,325.87 million baht, while securities company accounts net bought 1,346.79 million baht. Invest in the country, net purchase 6,298.57 million baht

As for factors that need to be closely monitored, such as

Date: 15-19 Jan.

• • Banking stocks submit financial statements for 2566

January 17th

• • Federation of Thai Industries (F.T.I.) Announcement of industrial confidence index and foreign factors today (17 Jan.)
  • China Report on gross domestic product (GDP) figures for the 4th quarter of 66.
  • EU December inflation report
  • united states December retail sales report Industrial production in December and the January housing market index

January 18th

• • China Report on foreign direct investment (FDI) in December.
  • ญี่ปุ่น Report on machinery orders for November and industrial production in November
  • EU Current account balance report for November
  • united states Report on the number of people applying for weekly unemployment benefits. Numbers for house construction starts in December January production index and weekly oil stocks

January 19th

• • ญี่ปุ่น December inflation report
  • united states January Consumer Confidence Index Report and second-hand home sales in December

Therefore, we recommend a strategy for investing in stocks that benefit from the Cabinet's approval of the 68 budget budget of 3.6 trillion baht. The stocks that benefit from are contractors, including CK, STEC, CIVIL, UNIQ.

As for the direction of investing in gold Mr. Natthawut Wongyaowarak Director of Research, Globelex Securities, assesses that gold prices this week still need to keep an eye on the announcement of US retail sales figures and the Fed watch tool. If the market increases the chances of an interest rate increase, it will be a factor in pressuring gold prices.

The research department estimates that during the week the gold price may weaken slightly. Expect the price of gold to move in the range of 2,000-2,050 USD/ounce. Suggestions for speculating within the framework provided