SET shows optimism amid rise in oil price, hopes of US stimulus measures #SootinClaimon.Com

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

SET shows optimism amid rise in oil price, hopes of US stimulus measures

EconJan 11. 2021

By The Nation

The Stock Exchange of Thailand (SET) Index rose by 9.43 points, or 0.61 per cent, to 1,545.87 in the morning session on Monday.

An analyst at Krungsri Securities predicted the day’s index to hit 1,550 points on hopes of US economic stimulus measures and the sharp rise in oil price.

“However, investors should beware of volatility due to the weakening baht and the surge in Covid-19 cases,” he said.

He recommended that investors buy:

▪︎ PTTEP, PTTGC, TOP and IVL, which benefit from rising oil price and improved fourth-quarter performance.

▪︎ PSL, TTA and RCL, which would benefit from the rise in freight rate.

▪︎ KBANK, SCB, BBL and BLA, which benefit from rising US bond yield.

The SET Index closed at 1,536.44 on Friday, up 22.66 points or 1.50 per cent. The volume of total transactions was Bt125.08 billion with an index high of 1,538.61 and a low of 1,521.17.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s