Asia Plus Securities says strong baht draws fund flows, scans 17 stocks set to benefit

Benefits from imported raw materials due to strong baht.

Strong baht reduces costs for power firms with foreign debt, benefiting BGRIM.

High foreign-currency debt benefits from strong baht, reducing costs for GPSC.

High foreign-currency debt benefits from strong baht, reducing costs for GULF.

Strong baht reduces costs for airlines with high foreign-currency debt, benefiting AAV.

Strong baht boosts tourism and retail, benefiting AOT.

Named as top pick for Thai stock market, attracting investor interest.

Strong baht attracts foreign inflows, boosting retail and tourism stocks like CPALL.

Strong baht attracts foreign fund flows into Thai commercial banks like SCB.

Strong baht attracts foreign inflows into Thai banks, benefiting BBL.

Strong baht attracts foreign fund flows into Thai commercial banks like KBANK.

Strong baht attracts foreign fund flows into Thai commercial banks like KTB.

Telecoms benefit from foreign fund flows as large-cap target.

Strong baht attracts foreign inflows, benefiting telecom large-caps like ADVANC.

Strong baht attracts foreign inflows, boosting retail and tourism stocks like CRC.

Strong baht boosts construction materials demand as part of foreign fund flow targets.

Relies on imported raw materials, strong baht reduces costs.

PTTEP benefits from high foreign-currency debt or costs due to strong baht.