Post by account_disabled on Dec 27, 2023 17:51:38 GMT 8
TISCO Securities reveals the names of 9 outstanding stocks that are expected to gain attention. In the eyes of foreign investors After starting to see signs of money flowing in for 3 consecutive business days Point out that foreigners have come to speculate about the economy and that company profits may recover in the second half of the year. Receive the benefits of unlocking the lockdown. Lower interest rates and high liquidity But the chance of the index rising is slim because it is close to the year-end target of 1,420 points. Mr. Apichat Phubanjerdkul Senior Director Strategic Analysis Division TISCO Securities Co., Ltd. (Mr. Apichat Poobunjirdkul, Senior Strategist, TISCO Securities Co., Ltd) revealed that from the beginning of the year to the present (YTD), foreign investors net sold Thai stocks over 190 billion baht, but recently started Saw positive signs from foreign money flowing in.
Foreign investors turned in significant B2B Email List net purchases for 3 consecutive days from 29 May to 2 June 2020, totaling more than 8,900 million baht, marking the first 3 consecutive days of net purchases in 5 months. From examining foreign funds (Foreign Funds Inflow) flowing into the stock market in this region, there is a positive direction in almost every market like Thailand. This week (WTD), net foreign money flowed in more than 3.4 billion US dollars. This is the highest inflow in 22 weeks, or approximately 6 months, with the highest foreign capital flow into the Indian stock market at 1.9 billion USD. followed by the Taiwan stock market and the South Korean stock market at 1.1 billion US dollars and 178 million US dollars, respectively, while the Indonesian stock market saw inflows of 166 million US dollars. The Thai stock market saw an inflow of 110 million US dollars. and the Philippine stock market saw an inflow of 21 million US dollars. Only the Malaysian stock market saw US$86 million outflow. As for the reason why foreign capital is flowing back into buying stocks in this region again.
It is seen as a result of investors expecting economic recovery and profits of companies. registered in the second half of the year From the gradual easing of the lockdown coupled with lower interest rates and liquidity in the system has greatly increased from the injection of money into the system of the Bank of Thailand. main business abroad Causing investors to come back and search for investments that give higher returns (Search for Yield) “Positive signs of foreign capital flowing into stocks throughout the region. It is an upside risk to the stock market in the short term. From the assessment of TISCO Securities, it was found that Every 10 billion baht of foreign money flowing in or out will cause the Thai stock index to change up or down by approximately 29 points. Therefore, if foreign money flows in continuously this time, It is expected that it will not be difficult to push the Thai stock index to have a chance to rise to test 1,390-1,400 points, which is technically closing another gap (GAP). However, more caution must be exercised in investing because TIS Securities.
Foreign investors turned in significant B2B Email List net purchases for 3 consecutive days from 29 May to 2 June 2020, totaling more than 8,900 million baht, marking the first 3 consecutive days of net purchases in 5 months. From examining foreign funds (Foreign Funds Inflow) flowing into the stock market in this region, there is a positive direction in almost every market like Thailand. This week (WTD), net foreign money flowed in more than 3.4 billion US dollars. This is the highest inflow in 22 weeks, or approximately 6 months, with the highest foreign capital flow into the Indian stock market at 1.9 billion USD. followed by the Taiwan stock market and the South Korean stock market at 1.1 billion US dollars and 178 million US dollars, respectively, while the Indonesian stock market saw inflows of 166 million US dollars. The Thai stock market saw an inflow of 110 million US dollars. and the Philippine stock market saw an inflow of 21 million US dollars. Only the Malaysian stock market saw US$86 million outflow. As for the reason why foreign capital is flowing back into buying stocks in this region again.
It is seen as a result of investors expecting economic recovery and profits of companies. registered in the second half of the year From the gradual easing of the lockdown coupled with lower interest rates and liquidity in the system has greatly increased from the injection of money into the system of the Bank of Thailand. main business abroad Causing investors to come back and search for investments that give higher returns (Search for Yield) “Positive signs of foreign capital flowing into stocks throughout the region. It is an upside risk to the stock market in the short term. From the assessment of TISCO Securities, it was found that Every 10 billion baht of foreign money flowing in or out will cause the Thai stock index to change up or down by approximately 29 points. Therefore, if foreign money flows in continuously this time, It is expected that it will not be difficult to push the Thai stock index to have a chance to rise to test 1,390-1,400 points, which is technically closing another gap (GAP). However, more caution must be exercised in investing because TIS Securities.