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Tuesday, May 7, 2024

SET volatility to persist but sell-offs ease

The SET index is poised for volatility in November, driven by various uncertainties including the Israel-Hamas conflict and continuing concerns about US interest rates.

In addition, the outflow of foreign funds and the impact of crude oil prices on the global economy are factors to consider.

However, in light of recent earnings results for Thai listed companies, we anticipate a slowdown in sell-offs.

Despite our forecast for sluggish aggregate third-quarter earnings, several sectors have been reporting robust performance. The final reporting date is Nov 14.

The…

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