Daily Strategy for Investors on November 27, 2020

Asia Wealth Securities (AWS) released an analysis for the trading session on November 27, 2020, indicating the essential events in the stock market as follows: 

 

Investment Ideas:

The overall investment today – AWS expected the Thai stock market today (27 Nov) still has positive factors supporting so that AWS expected the move to continue as a side-way up, supported by Capital Funds inflow and the continued appreciation of the baht. 

AWS believed that the SET movement will begin to have a narrower oscillation frame due to no new positive factors pushing forward and the SET Index increased by 238.61 points (+ 20.0%) in November. 

From these points, AWS believed there will be short-term profit-taking, especially for Outperform Market stocks, especially energy stocks with limited crude upside, while the share’s upside is limited. 

The investment strategy, AWS still recommended trading buy in the stocks with only positive factors, for example energy stocks that still have an upside and stocks in Global Play, or investors who have held stocks in the past 1-2 weeks, AWS recommended gradually to take profit from some stocks to reduce the risk of market fluctuation.

 

AstraZeneca previously announced the results of a vaccine efficacy trial. In the prevention of COVID at an average of 70%. But the latest concerns that the vaccine may not be licensed by the UK because some subjects were given only half the dose which is not due to intention although it works out that it is more effective in preventing viruses. 

However, AWS believed these issues will have a little impact on the investment sentiment due to many companies having good results of testing and higher efficiency than that of AstraZeneca which currently, Pfizer together with Germany’s Biotech and vaccines developed by Moderna have announced that the vaccine can preventing COVID-19 at level 90 – 95% effective.

 

Technical View – Today, AWS expected the SET Index to move between 1,414-1,450 points. The recommended stocks are AMATA, BANPU, PLANB, CK and STPI

 

Core Investment

1) Global Play (Trading within 1 month) – PTT, SCC, PTTEP, TOP, PTTGC, IVL, CPF and TU

2) Stocks which obtained the benefit from the nearest successful of COVID-19 vaccine (Trading within 1 month) – AOT, AAV, BA, ERW, M, CRC, CENTEL, MINT, WHA and AMATA

3) Dividend Play (Middle-term trading 6-12 months) – SC, LH, QH, KKP, TISCO, RATCH, DIF, INTUCH, EASTW and TTW

4) Long term accumulative stocks (DCA) (Long-term trading over 1 year) – AOT, BEM, ADVANC, WHA, LH, CPALL, CPF, BDMS, HMPRO, BBL and KTB