KBank’s this week’s economic outlook


BANGKOK, 30 Mar 2015, Kasikorn Research Centerhas said the key factor affecting local stock this week is the prospect of the government lifting martial law and replacing it with Section 44 of the interim constitution.

The center said other domestic factors included this month’s inflation rate, and other economic figures from February.

On the other hand, international key driving factors for this week’s stock market are the Greek debt restructure plans, the US’ real estate and agricultural sector indexes, and American employment rate outside of the agricultural sector. The US’s labor market data, production index, March Consumer Confidence Index, and factory’s order figures are also to be monitored.

The center has predicted this week’s stock’s resistance to be between the range of 1,510 and 1,524 points, and support level at between 1,474 points to 1,482 points.

Meanwhile, the baht is predicted to move within in the range of 32.50 – 32.70 baht against the greenback.