The Thai stock index on March 31, 2023 closed at 1,609.17 points, plus 3.75 points, with a trading value of 43,181.51 million baht, foreign net sellers of 1,437.60 million baht.

The highest traded stock, DELTA closed at 1,142 baht, plus 42 baht, BBL closed at 151.50 baht, minus 3.50 baht, KBANK closed at 132.50 baht, minus 1 baht, PTTEP closed at 150.50 baht, minus 1 baht, CPALL closed 62 baht, minus 0.25 baht.

Thai stocks swing sideways in positive direction with foreign stocks.

As for the price of oil that has been adjusted

Help support energy-petrochemical stocks

While buying DELTA stocks support the index. In addition, investors are waiting for the US PCE data, with market expectations +5.1% YoY and +0.3% MoM.

Asia Plus Securities stated that many stock markets recovered quickly and strongly, causing Ytd to turn positive, such as Nasdaq +14.8%, Germany +11.5%, S.Korea +10.6%, Europe +7.0%, Japan +6.5%, MSCI World +6.0%, etc. due to more relaxed financial institution problems

After the private sector also closed the acquisition deal, such as UBS merging Credit Suisse, First Citizens merging SVB.

Yuanta Securities (Thailand) recommends investment strategies next week, entering the holiday period in many stock markets around the world.

Therefore, it is expected that medium-small stocks have the opportunity to outperform the market, namely GUNKUL, SSP, SJWD, DPAINT, SCAP, NCAP.

while TISCO Securities recommends buying CENTEL stocks, pointing to benefits from the influx of foreign tourists and the RevPar trend in Q1 is expected to improve significantly YoY and QoQ, while the restaurant business is expected to recover from a reversal. Due to economic activity and inflationary pressure, the target price is based on fundamental factors of 59 baht.

Another stock MAJOR expects movie ticket revenue in 1Q23F to be close to YoY from many blockbuster movies.

And it is expected that this year's turnover will be higher than last year due to the number of movies ready to be released in many movies.

Including new movies are expected to make good money during the school holidays.

And the sale of MPIC shares, which will end in May '23, will help increase cash flow for the company and help reduce redundant costs.

The stock will go up XD on April 20, with a dividend of 0.25 baht per share, with a basic target price of 23.20 baht!!

Index 51