INVX 26/7/2566 :INVX Neutral KKP cut target price to Bt 60/ INVX Prefer SCGP HMPRO BEM +++Stocks of the Day Trading Buy PTTGC and KCE

***: GS Buy TTB vs Neutral BBL KTB vs Sell KBANK SCB

***: Auto export benefit NYT Buy on weakness target price Bt 4.60 base on 18x PE and DY 6%

***: GS GOAL Kickstart Disinflation continuation :

***Expect USD to be a shallow depreciation path into year-end. ***Neutral Equities US Europe Japan vs Overweight Cash and US Bond. ***: 3 m Neutral Commodities / 12 m Overweight : Gold 2050/WTI 3/6/12 m 79/81/87

***: 3/12 m Neutral US (S&P500 at 4300/4500/4700 ),

***STOXX Europe 600 (470/480/500), MSCI Asia ex.Japan 530/550/580, Japan 2200/2400/2500

***: INVX Invitation : SCGP NDR (Group Meeting; MS Team) MS Team :

Date : Wednesday 26, July 2023

Time : 13.00 – 13.55