HILITE: SAWAD leads the finance group to speculate on the minimum wage – rice price insurance to enter the cabinet tomorrow | RYT9

Finance group rose 1.81%, led by SAWAD, active trading volume

By at 10.48 a.m.

SAWAD increased 4.62% or increased 2.25 baht to 51.00 baht, trading value 381.87 million baht.

TIDLOR rose 4.35% or increased 1.25 baht to 30.00 baht, trading value 195.86 million baht.

MTC increased 2.94% or increased 1.25 baht to 43.75 baht, trading value 348.22 million baht.

Mr. Nattapon Kamtha Krua, Director of Securities Analysis Department of Yuanta Securities (Thailand) said that the finance group has speculation coming in. Because it is expected that in the Cabinet meeting (Cabinet) Tomorrow (September 13) will consider the project to guarantee income for rice farmers, amounting to 86,740 million baht following the meeting of the National Rice Policy and Management Committee. (NARK) approved And the Ministry of Labor will propose to raise the minimum wage by 5-8% to the cabinet tomorrow as well. Both issues look to help increase purchasing power and the potential for debt repayment. especially the farmers group. In addition, the finance group is Laggard shares.

Yuanta Securities has selected Srisawad Corporation Plc. (SAWAD) as a top pick with a reasonable price of 64 baht.


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