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Asia Plus Securities (ASPS) opens a list of 9 export stocks, LAGGARD price, receives export signals on some items. better direction amidst the relatively stable baht
Securities Company Analyst (BEC) Asia Plus (ASPS) revealed that the current account balance in February 2023 was a surplus of $ 1.33 billion. From having a deficit in Jan. ’23 at $ 2.0 billion. This was driven by both the services surplus of US$22 million and the trade balance surplus of US$1.31 billion. Reflecting the overall Thai economy in February is still considered to be improving from the previous month.
However, although Thai exports in February 2023 contracted -4.74%YoY, mainly under pressure from industrial products. Exports (the largest proportion of exports at 78.75% of total export value) contracted by -6.2% YoY, and minerals and fuels contracted by -10% YoY, but on a monthly basis. The value of exports rose to $22 billion or +10.50% MoM, increasing across all product groups.
for a list of monthly products SET-listed businesses in February that grew well YoY, MoM, and related to SET-listed businesses include frozen chicken (CPF, TFG, GFPT), sugar and molasses (KSL, KTIS), tuna. Cans (TU), Electronic Circuit Boards (HANA, KCE), Automobile Equipment and Components (SAT, AH, STANLY)
At the same time, exports in February in some items have a better direction. But the stock price still recovers more slowly. amidst relatively stable baht such as ITC, TU, CPF, GFPT, SAT, KSL, HANA,KCE, STANLY
