Kanthara recommends investing in SET50 stocks, focusing on growing earnings and high dividends.

Mr. Kanthara Ladawan Na Ayutthaya executive committee Financia Cirrus Securities Public Limited or Fixed satellite service Revealed in the program “Stock Market News” today (July 5, 2024) that the Thai stock market will rise. The trading value should be heavy. But the performance of listed companies is expected to be good in the second quarter of 2024. This is due to the price of oil, the value of the baht, and the number of tourists coming.

There is also a picture of institutional investors returning to buy. Because purchasing power is expected to return in the fourth quarter of 2024 with various supporting factors. Including the Thai stock market index at 1,300 points, it is at a reasonable level. As a result, yesterday's trading value rose somewhat. Now all that remains is to wait for foreign investors to return to buy. But if you look at the figures after the implementation of the base-rise measures, it is found that the selling pressure from foreign investors has begun to decrease.

While the only thing investors are worried about right now is the decision of Prime Minister Mr. Sitha Thavisin, in which direction things will go. If there is a change in political polarity, the same problems will return. That is, there is a budget problem. But if you can get past that, you will start to see relief. The Thai stock market is rising because of the confidence in investment

For investment strategies during this period, we present you with the main stocks in the SET50 group in the oil sector, banking sector and export sector. Stocks with good fundamentals and high earnings are safe stocks to invest in. The featured stock today is KCE with a base price of 50 baht because the earnings in the second quarter of 2024 are expected to be good. In addition, the target has been revised upwards.

The stocks in the July portfolio include: Charon Pokphand Food General Co., Ltd. or CPF, Dohome General Company Limited or house arrangement, Thoresen Thai General Agencies Co., Ltd. or TTA And SABB Public Company Limited or Sabi