Easing US-China trade friction cheers investorsRecap: Global stocks rose as investors cheered the latest breakthrough in trade negotiations between America and China and the start of stimulus talks in Europe. Retail investors were net buyers of 10 billion baht, institutional investors bought 4 billion and brokerage firms purchased 32.2 million worth of shares. UOB Kay Hian Securities Thailand recommends accumulating shares of firms expected to report good Q2 results, among them ACC, IVL, AJ, PTL, TIP, THRE and STA. Technical view: Maybank Kim Eng Securities Thailand sees support at 1,340 points and resistance at 1,385. DBS Vickers Securities Thailand sees support at 1,320 and resistance at 1,385.

Source: Bangkok Post June 19, 2020 21:45 UTC