SCBS 20/6/2565 : Tourism play Prefer AOT /Buy AOT CBG CRC and MAKRO/Funds Flow Buy China vs Sell Tech/Mkt risk on Europe recession

: China rebounded and led other markets in June. GS upgraded target price of PTT to Bt 54 from Bt 51/PTTEP to Bt 210 from Bt 190

: Strategy Prefer Tourism Buy AOT/ Bank BBL KBANK KTB/Commerce CRC BJC /Bottom CBG/Prefer IVL and Cautious Refinery