The Thai stock index on 19 October 65 closed at 1,588.72 points, a decrease of 1.64 points, with a trading value of 48,990.05 million baht, foreign net sales of 76.31 million baht.

The highest trading value BDMS closes 28 baht minus 0.75 baht, PTTEP closes 168.50 baht minus 1.50 baht, DELTA closes 670 baht minus 8 baht, BBL closes 140.50 baht plus 1 baht, SCB closes 106.50 baht plus 1.50 baht.

Thai stocks decline slightly on profit taking in electronics stocks

Hospital Group and Energy Group

While there is strong buying pressure on the stocks of commercial banks in the 3rd quarter, which is expected to come out well to support the index.

Asia Plus Securities released an analysis

Identify the government to prepare a large package

Stimulate the economy during the last curve of the year amid the world economy that is entering a recession. Many countries, including the United States and Europe, are at risk of entering a slowdown.

But the Thai economy is likely to recover continuously.

The government is preparing to take various measures

by setting a budget of 17 billion baht, hoping to stimulate the Thai economy and investment during the rest of the year

However, if the Thai economy in 2022 can grow around 3% according to the NESDB's forecast, during 2H65, GDP growth should be seen at a rate of 3.6% YoY, which is clearly better than 1H65.

In summary, the government is preparing to issue additional measures to help people during the rest of the year.

Thai economy is expected to recover at the end of this year.

And next year is expected to see the government reduce measures to heal the people.

and increase investment promotion measures to support the recovery of the Thai economy

which should support investment in the stock market

Asia Plus recommends investing in stocks based on domestic recovery, led by HMPRO-CBG-ASK-BBL!!

While Yuanta Securities recommends "buy", M shares have a long-term positive view of M, expecting a '66 profit of 2,246 million baht (+34.5%YoY), a recovery of 86% compared to the pre-COVID period. -19 in 2019 due to the continued recovery of consumption and the tendency of costs to be more easing

Adjusted to the year-end target price of 66, a new fair price of 68.50 baht, equivalent to a PER of 28.1x and the current price of trading at PER 66 of only 23.8x. Maintain a BUY recommendation.

On the other hand, BDMS sees BDMS earnings to outperform the group in 65-23, on the positive of recovering foreign client income.

different from many hospitals

Expect earnings to decline from a high base

Appraisal value of the year 66 at 34.20 baht!!

Index 51