INVX Alert 21/6/2566: Today MAKRO changes to CPAXT/ IPO BLC Bt 10.50 listing in SET/ Personal sector/ TSF to be delisted / Research Overweight Commerce Prefer HMPRO CPALL CPAXT vs Petro Prefer IVL( Cautious Petro but positive +Px and +PET )

MAKRO changes name to CPAXT on Wed. 21 June 2566

***Funds Flows Buy BBL KTB vs Sell KBANK ASP / Stocks of the Day Buy AOT HMPRO / EL Nino risk Negative to Agribusiness

***Commerce Overweight +: Sector’s 2Q23TD SSSG +4% YoY: Top picks are ***HMPRO (TP Bt17.0) as its limited downside risk to new government policies with 14% earnings growth in 2023. Also like CPALL (TP Bt78.0) and CPAXT (TP Bt46.0) who are exhibiting the sector’s best growth in 2023.

New listing BLC IPO Bt 10.50,listing in SET/PERS sector

***TSF to be delisted on Wed. 21 June 2566