We expect the SET Index to advance in November to trade in a range of 1,580 and 1,630 points. This week's Federal Reserve meeting, which featured another big interest-rate increase and more hawkish comments, will dominate sentiment in the near term.
On the domestic front, we expect earnings plays, particularly among companies that benefit from the tourism recovery and/or a stronger baht, to help buoy the market. Also keep an eye on the G20 and Apec meetings at mid-month, the latter of which will be held in Thailand. Among the positive factors:
