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SET Index Outlook July 21: 1,640-1,660 Range

SET Index Outlook July 21: 1,640-1,660 Range

Prachachat•Economy•1h ago

Reader Briefing

Pi Securities forecasts the SET Index to trade between 1,640-1,660 points on July 21, supported by foreign capital inflows and bank earnings.

  • •Pi Securities projects a SET Index range of 1,640-1,660 points for July 21.
  • •Foreign capital inflows have accumulated at 71 billion baht YTD.
  • •Commercial banks, including TTB and KKP, are reporting earnings results.
  • •Global factors include instability in the Middle East and proposed US tariffs on Canada.

Overview

  • •Pi Securities sets the SET Index range for July 21 at 1,640-1,660 points.
  • •Pi Securities attributes the index support to continuing capital inflows.
  • •The Houthi group in Yemen has reportedly announced a naval blockade against Saudi Arabia.
  • •Donald Trump stated preparations to collect 50% tariffs on certain items from Canada.
  • •TTB reported earnings 6% better than expected, while KKP reported earnings 19% better than expected.
  • •Cumulative foreign capital inflows YTD stand at 71 billion baht.
  • •Market participants are monitoring the earnings report of GOOGL following the US market close tomorrow.

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Key Entities

Organization

Pi Securities(บล.พาย)
A securities firm providing market analysis and investment strategies for the SET Index.
Houthi Group(กลุ่มฮูตี)
A group in Yemen that announced a naval blockade against Saudi Arabia.
CME FED Watch
A tool observing the probability of interest rate hikes until mid-next year.
TTB
A commercial bank that reported earnings 6% better than expected.
KKP
A commercial bank that reported earnings 19% better than expected.
GOOGLℹ️
A company scheduled to report earnings after the US market closes tomorrow.
CPALL
A retail stock recommended by Pi Securities.
HMPRO
A retail stock recommended by Pi Securities.
CPN
A retail stock recommended by Pi Securities.
BDMSℹ️
A hospital stock recommended by Pi Securities.
BCH
A hospital stock recommended by Pi Securities.
MTC
A finance stock recommended by Pi Securities.
SAWAD
A finance stock recommended by Pi Securities.
MINT
A tourism stock recommended by Pi Securities.
CENTEL
A tourism stock recommended by Pi Securities.
AAV
A tourism stock recommended by Pi Securities.

Place

Yemen(เยเมน)ℹ️
The location of the Houthi group.
Saudi Arabia(ซาอุดิอาระเบีย)ℹ️
The target of a reported naval blockade by the Houthi group.
Canada(แคนาดา)ℹ️
The country facing proposed tariffs from Donald Trump.
United States(สหรัฐ)ℹ️
The country where government bond yields are rising and where GOOGL is listed.

Person

Donald Trump(โดนัลด์ ทรัมป์)ℹ️
The President of the United States who mentioned collecting tariffs from Canada.