We expect the SET Index to improve significantly as investors move on from disappointing fourth-quarter earnings results.
Adding to the positive factors, the country is gearing up for an election in May, while the market has digested the prospect of more Federal Reserve interest rate increases to a certain extent.
Any improvement in the Russia-Ukraine conflict could provide support to global equities.
Among key positive factors in the near term will be the formal announcement of the House dissolution, which could come any time between now and March 23. Once the exact date of the general election is known, likely to be May 7, campaigners, the public and investors will respond accordingly.
Dividend plays also come into the picture now that 2022 results are in the books. We have experienced a “sell on facts” trend after the aggregate fourth-quarter net profit of the…
