Trade Tension Pressures SET to Open 10pts Lower, Analyst Suggests BUY CK/CPF, TP at ฿30
SET opened at 1,668.95 points, plunged 10.10 points or 0.60% after the impact from trade tension between the U.S. and China
On May 7, 2019, the Stock Exchange of Thailand (SET) opened at 1,668.95 points, plunged 10.10 points or 0.60% after the impact from trade tension between the U.S. and China, even though Dow was able to recover most its loss in yesterday trading session.
Mr. Suchet Suktae, analysts from Asia Wealth Securities, has set a support level at 1,665 points, and resistance level at 1,690 points while recommending BUY CK and CPF with a target price for both shares at ฿30.00/share.