Kasikorn Securities assesses the SET Index today to move in a range of 1,615 to 1,640 points. The market still faces risk from the escalating Middle East situation after Donald Trump stated the US will respond militarily to Iran, which has pushed crude oil prices back above 90 dollars per barrel and added inflationary pressure. Meanwhile, the latest Fed meeting voted 9 to 3 to hold interest rates at 3.50 to 3.75 percent, with some members supporting a hike, reflecting that the market must continue to closely monitor inflation trends. Short-term strategy recommends increasing caution and waiting for pullbacks to accumulate stocks expected to have good earnings growth, as well as high dividend yield stocks. Today's highlighted stocks are SJWD and KTB.
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