INVX 7/7/2566 : 13/19/20 July 2566 Parliament vote for PM/Alert for CPAXT and NRF to soft earnings in 2Q'23/ Stocks of the Day Prefer LH HTC /PTT Day today 10.45 IRPC/13.30 OR/15.15 PTTGC

: Thai Politics risk on 13/19/20 July 2566 Parliament meeting to vote for PM ( 375 votes ) /20 July expiration period for Diesel Subsidy ( if not extend, higher cost for Tranportation sector)

: Alert for CPAXT for weak 2Q’23 Earnings from slow SSSg Lotus and one off prepayment fee/ Earnings downside risk for market consensus

: SCB EIC assumed El Nino impact on Thailand GDP (base case) around 0.6% (negative to Food, Agri, Investment)***Politic risk more impact on GDP/ Investment

: Stocks of the day Prefer LH and HTC / Property sector : Neutral with AP sector picks ( Positive 2Q’23 Presales +Y/+Q for only AP and SIRI)

: NRF negative impact on US P&B investment to mark loss making. Underperform NRF