Post by account_disabled on Jan 2, 2024 1:26:14 GMT -5
TISCO Guru points out that Thai stocks in the 4th quarter are bright. Liquidity around the world supports LTF-RMF flows in. Reveals the names of outstanding stocks with good fundamentals. But the price has fallen to the lowest in 2-4 years and suggests organizing a portfolio to buy gold to store during November. Mr.Viwat Techapoonphol, Deputy Managing Director, Head of Technical Analysis, TISCO Securities Co., Ltd, discussed the overall picture of the Thai stock market in TISCO Monthly Guru Updates seminar said that technically it is expected that from now until the end of 2019, the Thai stock index will gradually increased until reaching the end-of-year target of 1,680 points as downside risks to the stock market began to be limited. After the past Thai stock index has continued to decline for 3 months in a row, while in the 4th quarter of 2019 there will be liquidity from economic stimulus from important central banks. flow into the system It is also the period when there will be the most money flowing in to invest in Long-Term Equity Funds (LTF) and Retirement Mutual Funds (RMF).
"The 4th quarter is a quarter where there is a lot of good news waiting. Especially the liquidity that will increase in the system. Both from the US Federal Reserve (FED)'s stop reducing the balance sheet size since last August. And investors still expect the FED to cut interest rates two more times this year, and the European Central Bank (ECB) has also returned to conduct quantitative Telegram Number Data easing (QE) measures of 20 billion euros per month with an unspecified end date from today. from 1 November onwards," Mr. Wiwat said. However, if analyzing the amount of money that will come to invest in LTF and RMF funds during the 4th quarter of 2019, it is expected that it will decrease from previous years. It is estimated that it will be approximately 3-40 billion baht, which is a decrease from the 4th quarter of 2018 with approximately 53 billion baht of money coming in and the 4th quarter of 2017 with 52 billion baht of money coming in because of investors. Concerned about long-term economic growth This may affect the returns between investing in the 7 calendar year period of the LTF fund and the long-term investment of the RMF.
Therefore, it is the reason that investors may decide to allocate money to invest in LTF and RMF in a small proportion. go down and turn to other ways to reduce taxes instead For outstanding stocks recommended until the end of 2019, divided into 3 themes: 1. Stocks with good fundamentals but in the past 2-4 years the price has dropped to the lowest, including BBL, KBANK, SCB and SPALI. 2. Stocks receiving government measures to stimulate the economy, including AOT, CPALL, BJC, AMATA, WHA and ROJNA 3. Stocks with good profits in the quarter BEM, ERW, SEAFCO, TRUE and TU Mr. Wiwat said that for investors who want to organize their investment portfolios To reduce the risk from the highly uncertain economic situation. and is likely to enter a recession in 2020. Personally, I recommend gradually buying gold. It is considered one of the safe assets during economic downturns.
"The 4th quarter is a quarter where there is a lot of good news waiting. Especially the liquidity that will increase in the system. Both from the US Federal Reserve (FED)'s stop reducing the balance sheet size since last August. And investors still expect the FED to cut interest rates two more times this year, and the European Central Bank (ECB) has also returned to conduct quantitative Telegram Number Data easing (QE) measures of 20 billion euros per month with an unspecified end date from today. from 1 November onwards," Mr. Wiwat said. However, if analyzing the amount of money that will come to invest in LTF and RMF funds during the 4th quarter of 2019, it is expected that it will decrease from previous years. It is estimated that it will be approximately 3-40 billion baht, which is a decrease from the 4th quarter of 2018 with approximately 53 billion baht of money coming in and the 4th quarter of 2017 with 52 billion baht of money coming in because of investors. Concerned about long-term economic growth This may affect the returns between investing in the 7 calendar year period of the LTF fund and the long-term investment of the RMF.
Therefore, it is the reason that investors may decide to allocate money to invest in LTF and RMF in a small proportion. go down and turn to other ways to reduce taxes instead For outstanding stocks recommended until the end of 2019, divided into 3 themes: 1. Stocks with good fundamentals but in the past 2-4 years the price has dropped to the lowest, including BBL, KBANK, SCB and SPALI. 2. Stocks receiving government measures to stimulate the economy, including AOT, CPALL, BJC, AMATA, WHA and ROJNA 3. Stocks with good profits in the quarter BEM, ERW, SEAFCO, TRUE and TU Mr. Wiwat said that for investors who want to organize their investment portfolios To reduce the risk from the highly uncertain economic situation. and is likely to enter a recession in 2020. Personally, I recommend gradually buying gold. It is considered one of the safe assets during economic downturns.