Market Roundup 9 July 2024 - Thailand Business News
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Thailand's SET Index closed at 1,319.92 points, dropping by 2.58 points or 0.20% with a trading value of 38.11 billion baht. Bank of Thailand Governor Sethaput Suthiwartnarueput emphasized Thailand's uneven economic recovery and the need for stronger growth. InnovestX Securities predicts a global economic recovery in Q3 2024, with Thailand's economy expected to recover in the second half of 2024. InnovestX forecasts a 2.5% economic growth in Thailand for 2024 and 3.0% for 2025, with a target of 1,500 points for the SET Index by the end of the year. InnovestX recommends stocks that will benefit from the global recovery, earnings growth, and interest rate cuts, highlighting ADVANC, KCE, OSP, PTTGC, and TU as top picks.

#Thailand #SetIndex #Economy #StockMarket #BankOfThailand #EconomicGrowth

https://www.thailand-business-news.com/set/150525-market-roundup-9-july-2024