Thai stocks today, 15 July 2024, follow China's GDP this morning, SET range 1,320-1,345 points.

Thailand Stocks Today, 15 July 2024, Kasikorn Securities rates the SET to assess the Thai stock market's sideways movement this week. Expect the trading range to be 1,310- 1,345 points, Mr. Watch for important foreign factors as news of Donald Trump's assassination could put pressure on stocks in the short term. Stay tuned for the Q2 budget report throughout the week. Including today's announcement of China's gross domestic product numbers for the second quarter of 2024, which is expected to drop to 5.1%, Chinese officials will hold a general meeting of the Communist Party of China's Central Committee that may consider additional measures to stimulate the economy if the economic numbers are too slow. At the end of the ECB meeting on Thursday, the policy interest rate is expected to be maintained at 4.25% after it was recently cut in June.

This week's investment strategy picks are stocks that could benefit from stimulus measures or economic recovery, such as IVL and TEGH, as well as stocks with specific positive factors, such as BEM, which is proposed to the cabinet. and low-volatility robots etc. Hospital groups like BDMS and MAJ0R have announced share buybacks.

The BEM share price has a base price of 10.33 baht, which shows that the profit trend in 2024 is growing even stronger, the transport minister revealed that the increase in fares and the Orange Line electric train project will support income growth. The Bang Khun Non – Min Buri (Suwinthawong) section will be considered at the cabinet meeting on July 16, 2024 and will be ready to sign the agreement.

BDMS, with a base price of 33.10 baht, is a defensive stock that helps mitigate fluctuations in sentiment from foreign markets and political factors. In this regard, there is an earnings trend in 2Q24
YY growth from domestic and international patients and rose to its highest point in 3Q24.