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Monday, May 6, 2024

Focus on stocks that benefit from political stability

An investor monitors share prices on a mobile phone. (Photo: Pornprom Satrabhaya)

The SET index is poised for an upside, largely attributed to positive sentiment surrounding the newly formed government. The expected political stability is projected to not only boost investor confidence, but also to attract more foreign funds to Thai equities.

In addition, dividend plays are expected to dominate the market’s direction.

On the external front, the US Federal Reserve is expected to keep its key short-term interest rate steady at its meeting later this month, while a further slowdown in the Chinese economy will likely…

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