INVX 21/3/2566 : Strategy SET Index to lock 1550-1650 in 1H’2566 as Financial risk and Regulatory tightening and Risk for Oil Energy and Tech down

: XD Season for Banking sector Prefer KTB BBL.

: GS expected no Fed hike in March 21-22 meeting vs mkt tone done Fed terminal rate to 5% vs INVX Dr. Austin 4.75% ( US Fed to cut rate on Nov. and Dec.2023)

: Stocks of the Day Prefer KTB and AMATA Buy tp Bt 26.50 XD 3 May,2566, land sales target 2,250 rais ( TH 1500/VN 750 ) rais and first time to sell land in Laos (200-300 rais) focus on clients Data Center,Auto,Renew

: MBK share listing 33.164 mil.shs from W1,2,3,4 to trade today 21/3/2566

: Thai Cabinet approved to cut property tax by 15% positive sentiment Prefer AP LH and trading property stocks

: GS still maintain Overweight Cash and Gold. Risk for US equity and USD. Tone down Oil Brent to avg. $ 85 and 2H’24 at $97