INVX Morning Call 29/8/2567. : GS alerts for Short Covering and Fx THX THB/USD appreciation to 32 short term with assumption if September 2024 US Fed cut 50 bps, mkt rally to year end vs if cut 25 bps, Sell-off US Equity to flows in EM Asia and Thailand.

Stocks of the Day Prefer Gulf ( Infrastructure / Virtual Bank/ Data Centre play and THB appreciation benefit) and CPALL SSSg and Earnings play with Digital Wallet benefit) ***

Research BCH cut target price to Bt 21 from Bt 23 from weaker Earnings from SC revenue vs Prefer BDMS BH

NVIDIA : modest beat and upside in Data Centre business . GS Buy NVDA 12 m target $135 vs Hedge Fund and Mutual Fund trimmed Tech position