Bulk up on firms with strong growth stories

We expect the SET Index to trade sideways this month, in a range between 1,470 and 1,540 points. The domestic economy is forecast to improve given the significant improvement in the Covid-19 situation and government stimulus measures.

On the external front, an increase in vaccinations across the globe, and progress on a massive US relief package should bode well for the global economy.

Equity trading volume, however, is expected to wane, as the curtain has come down on the earnings season and numerous stocks will line up for ex-dividend trading.

Positive factors: Covid vaccinations have now begun locally in the hardest-hit provinces as well as locations popular with foreign tourists, which should be a confidence-builder ahead of a hoped-for resumption of limited international arrivals. We expect investor confidence to improve…