An electronic board displays the prices of SET-listed shares. (Photo: Wisit Thamngern)
Trinity Securities cautioned investors to be wary of selling pressure in May, especially during the week after the general election, as the market may fluctuate ahead of the meeting of the Bank of Thailand’s Monetary Policy Committee (MPC) at the end of the month.
Nuttachart Mekmasin, executive director of the research department, said the brokerage expects the Stock Exchange of Thailand (SET) index to improve in the first half of May due to internal and external factors.
An election rally usually occurs two weeks before the polling date, driving by speculation in domestic-play…
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