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Today's Report

  • Sawasdee – October 27, 2020

    The SET is expected to approach 1,200 on concerns over intensifying COVID-19 pandemic and inability of the US congress to reach consensus on a coronavirus relief bill

    Market outlook & strategy
    We expect the SET to approach psychological support at 1,190-1,200 on concerns about surging infections in Europe and the US, depressing economies and oil demand. The drop in oil price will pressure oil-related business and the market. Hopes are vanishing that US congress will achieve a coronavirus stimulus bill and the market lacks support, limiting the SET to 1,215-1,233. Investors who are holding 50% stocks in their portfolio as we have suggested, just hang in there. Trading and speculation must be cautious. From now, investors should focus on cautious trading.
     
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    Company analysis
    BBL – The least hit by the downturn – Outperform
    IVL – Profit to improve QoQ in 3Q20F – Neutral
     
     

Blog

Morning Voice - October 27, 2020

Word focus

Dividend yield The dividend yield is the total yearly payments divided by the principal value of the preferred share