#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.
SET rises on a mix of positive and negative factors
Jun 19. 2020
By The Nation
The Stock Exchange of Thailand Index rose by 5.08 points, or 0.37 per cent, to 1,378.06 on Friday morning (June 19).
A stock analyst at Krungsri Securities expected the index to fluctuate between 1,365 and 1,380 from mixed positive and negative factors.
“Energy and petroleum stocks gained positive sentiment from the rising crude oil price as Opec+ countries’ move to cut oil production by 9.7 million barrels per day was 87 per cent completed,” the analyst said.
The analyst said that uncertainty following the second wave of the Covid-19 fallout after the number of new cases in US rose by over 28,000 and FTSE All World’s move to reduce the weight on Thai stocks from 3.05 per cent to 2.98 per cent worth Bt3.7 billion would plunge the index.
“Meanwhile, the profits of commercial banks and non-banking entities may be under pressure after the Bank of Thailand ordered them to cut the interest rates they charge for credit cards, personal credit and hire purchase to help people struggling with debt due to the Covid-19 crisis,” the analyst said.
The analyst advised investors to follow the European Council meeting on raising €750 billion for the €1.1-trillion euro-zone economic stimulus measure from 2021 to 2027.
He recommended the following stocks:
▪ Energy stocks that benefit from the rising crude oil price, such as PTT, PTTEP, TOP, PTTGC, IRPC, SPRC, and IVL.
▪ Stocks whose second-quarter performance will improve, such as CKP, TASCO, STA, and RS.
▪ Marine shipping stocks that benefit from the rising freight rate, such as PSL, TTA, AMA, and PRM.
The SET Index dropped by 3.20 points on Thursday, or 0.23 per cent, closing at 1,373. Total transactions amounted to Bt70 billion.
Net sale by foreign investors amounted to Bt4.463 billion in stocks and Bt2.819 billion in bonds. There were 8,832 net long TFEX SET50 contracts.
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