ASPS recommends safe stocks, holding cash as cases mountA new lockdown is expected to negatively affect the stock market. The handling of the pandemic remains a worry and with a looming lockdown expected to be announced today, the Thai stock market took a tumble. However, if the number of daily new infections decreases in the next quarter, the SET will gradually recover, said ASPS. ASPS recommends Bangkok Dusit Medical Services (BDMS) because it is likely to grow given rising demand for medical examinations and vaccinations. ASPS expects its profit in the second quarter to increase significantly year-on-year.

Source: Bangkok Post July 09, 2021 00:00 UTC