CP Axtra drama keeps SET in the red

Quick Summary:

The hot topic in the Thai stock market this past week has been the investment by CP Axtra (CPAXT) in The Happitat within The Forestias multi-use real estate project by Magnolia Quality Development Corp (MQDC), also part of the Charoen Pokphand Group.

In the final week of 2024, we expect the SET to remain in consolidation mode, with a slimmer chance of year-end window dressing by fund managers and brokerages.

We recommend focusing on winners in global late-cycle themes including defensive big-caps in staple goods, ICT, power, healthcare and food.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaHong KongIndonesiaSouth KoreaPhilippinesTaiwanVietnam

Topics: Week Contrast Growth Global Thai Been Cpaxt Investors Shares Market Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-21 @ 04:00:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 691 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 24572394

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

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News Last Updated: 12 hours ago

Coverage Areas: Thailand

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