Muangthai Capital Public Company LimitedNamed among Non Bank stocks attractive for accumulation on expectations of lower yields ahead.
Pi Securities estimates the SET index today will move in a range of 1570 to 1595, viewing Non Bank stocks as attractive for accumulation again on expectations of lower yields ahead. It names stocks in this group including MTC, SAWAD and TIDLOR. Meanwhile, US stock markets closed higher, with the DJIA up 0.61% and the S&P 500 up 1.14%, after the Fed raised interest rates by 25 basis points and signalled it may hike once more this year. Brent crude fell to around 104 to 105 dollars per barrel after Middle East concerns eased somewhat and Saudi Arabia said it would resume oil exports, helping push the US 10-year yield and 30-year yield lower. On US economic data released overnight, initial jobless claims came in at about 196,000, below market expectations. For short-term strategy, it recommends TECH names including DELTA and KCE after the Kospi rose about 2.5% this morning, as well as the tourism group including AOT, MINT, CENTEL, AWC, CPALL, CPN and HMPRO, and the hospital group including BDMS, BCH and PR9.
Muangthai Capital Public Company LimitedNamed among Non Bank stocks attractive for accumulation on expectations of lower yields ahead.
Srisawad Power 1979 PCLNamed among Non Bank stocks attractive for accumulation on expectations of lower yields ahead.
Ngern Tid Lor Public Company LimitedNamed among Non Bank stocks attractive for accumulation on expectations of lower yields ahead.
Central Plaza Hotel Public Company LimitedPi Securities names CENTEL in the tourism group as a short-term strategy pick, tied to expected tourism demand.
Minor International Public Company LimitedNamed in the recommended tourism group (AOT, MINT, CENTEL, AWC, CPALL, CPN, HMPRO) as attractive for short-term strategy.
Home Product Center Public Company LimitedNamed in the recommended tourism group for short-term strategy, implying expected customer demand benefit.
Asset World Corp Public Company LimitedPi Securities names AWC in the tourism group as a short-term strategy pick, tied to expected tourism demand.
Central Pattana Public Company LimitedNamed in the recommended tourism group for short-term strategy, implying expected customer demand benefit.
Bangkok Chain Hospital Public Company LimitedPi Securities includes BCH in the hospital group recommended for short-term strategy.
Praram 9 Hospital Public Company LimitedNamed in the recommended hospital group (BDMS, BCH, PR9) for short-term strategy.
Airports Of Thailand PCLPi Securities recommends AOT in the tourism group for short-term strategy, implying expected demand from tourist arrivals.
Bangkok Dusit Medical Services Public Company LimitedPi Securities includes BDMS in the hospital group recommended for short-term strategy.
CP ALL Public Company LimitedNamed in the recommended tourism group for short-term strategy, implying expected customer demand benefit.
Delta Electronics (Thailand) Public Company LimitedNamed in the recommended TECH group after the Kospi rose about 2.5% this morning.
KCE Electronics Public Company LimitedNamed in the recommended TECH group after the Kospi rose about 2.5% this morning.