Krungsri Securities (SEC) expects the trendThai stock index Today (27 May 65) rose to resistance at 1,640 – 1,645 points, responding to the investment climate and the market.shareAround the house jumped up. Responding to the Fed signaling a rate hike of 0.50% per meeting in June and July without causingeconomyrecession, coupled with support for the energy sector as crude oil prices rose from expectations of the 30-31 May EU meeting to reach an agreement on sanctions on oil imports from Russia.
Today’s Topics
- (+) Dow Jones, oil gains strong profits, retail companies look good TRAVEL bustling on Memorial day: Investors were relieved of the impact of inflation following Macy’s, the US department store chain, reported better-than-expected profits and higher-than-expected crude oil demand. US oil use will be higher during Memorial Day and the EU is expected to be able to reach an agreement on sanctions on oil imports from Russia.
Investment Strategy: Selective Buy
- PTTEP TOP IVL SPRC BCP BANPU Crude oil price + GRM + coal remained high.
- AOT MINT CENTEL ERW BDMS BH BEM BTS CPALL benefit of opening the country
- STA NER rubber demand rises following China cuts car tax to stimulate the economy
Recommended stocks today
- PTTEP (closed 160 BUY / target 185 baht) expects crude oil prices to continue rising due to higher crude demand in the United States and China, especially China preparing to ease the lockdown in Shanghai on June 1, while OPEC+ is expected to increase. Limited capacity is positive for oil prices.
- IVL (Closed 49 Buy / Target 60 baht) 1Q22 net profit grows strong at 14 billion baht +161% qoq and +134% yoy 2Q22 outlook remains high because it will recognize sales volume and revenue from Oxitino in Brazil. come full quarter
