Globlex Securities expects Thai stocks to be volatile this week, with domestic and international political factors being closely monitored.

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Globlex Securities assesses Thai stocks to be volatile this week, with close monitoring of political and international factors, particularly the Constitutional Court's ruling on the Prime Minister's audio clip case on August 29th. They recommend investing in stocks that benefit from G-Tokens.

26 August 2568 Ms. Wilawanee Boonmasungsong, Assistant Managing Director, Globlex Securities Co., Ltd. or GBS The index's movement is expected to fluctuate this week, as investors are closely monitoring political issues, particularly the Constitutional Court's vote on the Prime Minister's audio clip case. Furthermore, the MSCI's weighting adjustments on August 26th suggest a range of 1,230-1,280 points.

Furthermore, international factors continue to pressure investment confidence, particularly the unrest caused by Israel's renewed offensive against Gaza City to eliminate Hamas. Meanwhile, the US Leading Economic Index (LEI) fell 0.1% in July, in line with analysts' forecasts, following a 0.3% decline in June. Japan also reported a 3.1% year-on-year increase in its core consumer price index (CPI) in July, exceeding analysts' forecasts of a 3% increase and exceeding the Bank of Japan's (BOJ) 2% inflation target, supporting expectations that the BOJ may raise interest rates again this year.

In addition Domestic factors that may affect investment must also be monitored. such as

  • August 27, Summary report of the Monetary Policy Committee (MPC) meeting
  • On August 29, the Bank of Thailand reported on the Thai economic and financial situation. The Constitutional Court scheduled an oral statement, consultation, and vote at 09.30:15.00 a.m. and scheduled a hearing for the verdict at XNUMX:XNUMX p.m. in the Prime Minister's audio clip case.
  • Week 5: NESDB reports on the fiscal economy, regional economic conditions, regional economic future confidence index, and OIE announces the industrial production index.

As for foreign factors

  • On August 26, the US reported July durable goods orders, June home prices, and August consumer confidence.
  • August 27: China reports July industrial profits; US weekly oil inventories report
  • On August 28, the EU reported its August Consumer Confidence Index, while the US reported weekly jobless claims, 2Q68 GDP (second estimate), and Pending Home Sales for July.
  • September 16-17, 6/68 Federal Reserve Meeting

Mr. Watcharin Chongyonyong, Director of Research, Globlex Securities We recommend investment strategies in stocks that will benefit from the Ministry of Finance's digital token offering (ICO Portal) service, which will be used to issue and offer digital tokens from the Ministry of Finance (G-Token) in fiscal years 2568-2569. Stocks that will benefit include SCB, KBANK, and XPG, and stocks selected for inclusion in the MSCI index, adjusted for weighting on August 26, including KTC and HMPRO.

 

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