INVX Morning Call 11/9/2567

SET Index target 2024 year end at 1500/ Year 2025 at 1550 from Foreign flows short covering, Government Stimulus Packages and Vayupak Fund liquidity driven

Strategy Overweight Utility ( #2 Renewable Energy bidding benefit GPSC most) and Bank ( Virtual Banking licenses bidding benefit BBL / SCB/ KTB)/ Telecom Data Center and Virtual banking licenses ADVANC TRUE INTUCH / Healthcare BDMS and BH raised target price to Bt 300 from Bt 270 with 3Q24 high Earnings season and medical Tourism play

INVX 10/9/2567 : GS GOAL Kickstart ***Cut Brent Oil 3/6/12 m to $ 77/77/75

***Cut Gold 3/6/12 m to

$ 2590/2670/2700 from 2600/2600/2700