As Asia markets see volatility in the morning session on April 9, 2019 and a low trading volume in the past week from SET, Mr. Suchet Suktae, Deputy Managing Director of Securities Analyst Department of Asia Wealth, states that the low trading volume was to an uncertainty of the election, but the effect was accounted to only a slight proportion of the volume since the trading was basically low to begin with. After the coronation ceremony and the announcement of the new government, the trading volume should increase.
Mr. Suchet gives a positive view for the trading session this week, having “buy signal,” but still lacks volume. Target price recommendations are GULF at ฿102.00/share, ADVANC at ฿199.00/share, PLANB at ฿7.50/share, PRM at ฿7.10/share, GPSC ฿61.25/share.
Fundamental shares that AWS likes are SSP, giving a target price at ฿10.70/share, EA at ฿50.00/share, and CPALL to buy at ฿70.00/share and sell at ฿85.00/share.