Technical Analysis
Asian bourses and the SET eased following Trump's policy statement, while the baht strengthened, fueling expectations of fund inflows. This led to...
88 Views
Keep a Close Watch on the FTSE Rebalancing
The SET Index is expected to weaken, with the support at 1,388/1,380 points (50-day EMA/10-day EMA) and the resistance at 1,400/1,405 points. As...
91 Views
Expect Lower 4Q23E NP QoQ; Solid 2024E Earnings
We maintain a Neutral rating and the 12M FV at Bt52.85, based on a required return of 3.4%. Our valuation metrics suggest that the current...
95 Views
Market Outlook
The SET Index is expected to move sideways, with the resistance at 1,641/1,650 points and the support at 1,621/1,617 points (50/200-day EMA). We...
85 Views
Improving Outlook on Strong Margin
We upgrade NWR's rating to Buy with the new target price of Bt0.68, pegged with 2021E PBV of 0.5x. The positives for NWR include not only its...
88 Views