Analyst Sees FTSE Rebalance to Weigh on SET, Recommending 13 Vaccine Passport Stock Plays
Analyst Sees FTSE Rebalance to Weigh on SET, Recommending 13 Vaccine Passport Stock Plays
Analyst Sees FTSE Rebalance to Weigh on SET, Recommending 13 Vaccine Passport Stock Plays
16 มี.ค. 2564

Globlex Securities (GBS) expects the stock market to fluctuate as the FTSE Rebalance has reduced its weight on Thai stocks, which will be effective on March 19, 2021. The SET Index is estimated to move in a range of 1,530-1,600 points, hence, the analyst recommends investing in stocks that would take advantage from the vaccine passport program. 
 
GBS also suggests to follow the U.S. Fed’s meeting on March, 17-18 and Thai cabinet meeting, along with the meeting of Monetary Policy Committee as all those issues could pressure investment confidence outlook in the month March. 
 
Therefore, recommending investing in stocks that benefit from Covid-19 vaccine (THG, BDMS, BCH, RAM, PRINC and VIH) and vaccine passport (AWC, MINT, CENTEL, CPN, CRC, SPA and AOT).
 