บทวิเคราะห์ (Research)

EM and Thai equities may remain under pressure in February, amid an escalating tariff war, not-so-clear picture on US monetary easing, and lastly possible volatility in global tech sentiment on a more competitive AI industry. We recommend investors focus on domestic themes like i) selective consumer plays that benefit from Easy e-Receipt and solid 4Q24F earnings outlooks, ii) large-cap interim dividend plays, and iii) non-bank finance stocks that recently had lower cost of funds. For February, our stock picks are Central Retal Corporation (CRC.BK/CRC TB)*, Krungthai Bank (KTB.BK/KTB TB)*, TMB Thanachart Bank (TTB.BK/TTB TB)*, PTT Exploration and Production (PTTEP.BK/PTTEP TB)* and Muangthai Capital (MTC.BK/MTC TB)*.