Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, stated via “Kaohoon Jor Talad” program on 13 February 2024 that the firm expected the Thai market to edge up following the rise of Japan’s NIKKEI and the positive trend from business performances of listed companies announced last night. Meanwhile, it also suggested investors to pay attention to today’s trading value, which is expected to be subdued as many markets were still closed due to the Lunar New Year holidays.
Stocks in the Thai market will benefit from the increased Japan’s and Europe’s markets, as well as the Dow Jones Industrial Average (DJIA) which rose by more than 125 points.
If trading value in the Thai market could not reach the level of THB 40-50 billion, it will cause the index to trade narrowly.
Regarding investment strategies, the analyst recommended five stocks for speculation which were expected to see better business performances, including TIDLOR, CRC, JMT, SCGP, and CK.
In addition, JTS, PTTGC, and PTTEP were among the stocks that were suggested to be monitored following the announcement of their performances.