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Today's Report

  • Sawasdee – November 23, 2020

    Profit-taking is expected at 1,400 as the market has priced in the good news of vaccine. Fund inflows are slow and unsteady
    Market outlook & strategy
    We expect investors to take profit at 1,400 as the market already priced in good news about a coronavirus vaccine. C Continued surg in daily new cases in the US has dimmed sentiment and there is little hope for new stimulus. Institutional and foreign investors were net buy in the SET but shorted SET50 index futures (we believe they closed long positions), indicating slowing inflows. Those holding 50% of their portfolio in stocks as we have suggested, stand pat. For the trading portfolio, we recommend waiting for a market correction to 1,260-1,280.
     
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    Market strategy
    SCBS Market Strategy 1Q21 – Please mind the gap between expectation and reality
     
    Company analysis
    BJC – Inching back up – but not yet in the price – Outperform
     
     
     

Blog

Morning Voice - November 23, 2020

Word focus

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