Vayuphak Fund moves its wings, Thai stocks bounce up 15 points

Vayuphak Fund starts investing on 1 Oct. 2024. There is buying power in commercial bank stocks, including communication stocks. The Thai stock index today (October 1) closed up 15.83 points, with the index at 1,464.66 points, with a trading value of 52,588.69 million baht. Buying power came in commercial bank stocks, including communication stocks, which are considered one of the target stocks of the Vayupak Fund. In addition, the baht began to weaken after Jerome Powell, Chairman of the US Federal Reserve (Fed), signaled that the Fed would not rush to cut interest rates, causing the US dollar to strengthen. Mr. Kraphat Vorachet, Head of Research, Krungsri Securities Public Company Limited (KSS), sees the investment money from Vayuphak Fund, which started investing on October 1, 2024, as positive for stocks that the fund has the opportunity to increase its weight in the 5 prominent themes that we have set. Group 1, stocks that the Ministry of Finance Being a shareholder, being in the Vayuphak Fund 1 and h aving good growth potential in 2024-2025, including AOT, KTB, PTT, Group 2, stocks in the Vayuphak Fund 1 and trading in the Valuation Zone and having good growth potential, including CPALL, SCC, MINT, CRC, HMPRO, SCGP, Group 3, stocks with high weighting in SETESG and good growth potential, being in the Data Center Theme, including ADVANC, GULF, which are likely to be targeted, Group 4, stocks that benefit from the Vayuphak Fund, Theme 4 is Div Yield 2024-2025 high >5% and are in ThaiESG stocks (KBANK, BBL, HMPRO, INTUCH), Group 5, stocks that still have low weighting in the Vayuphak Fund. While meeting the ESG Score criteria (if in SET100, rating A and above, lower than SET100 AA and above, growth in 2024-25, good criteria CPALL CPAXT BDMS CRC HMPRO IVL MTC BJC WHA. Source: Thai News Agency