Kaohoon Morning Brief – 27 February 2024

Krungsri Securities (KSS) expected Thailand’s SET Index to move within the range of 1,390-1,410 points, boosted by the energy stocks, following a rise in crude oil prices amid supply concerns due to the conflict in the Middle East and the new sanction measures on Russia by the U.S.

However, foreign flows have been leaving the Thai stock market and a sell the fact after 2023 earnings could cause the market to fluctuate.


The President of Russia Vladimir Putin said in a figurative way that it will be a nuclear war between Russia and NATO if Ukraine joins the latter and attempts to bring Crimea back by military This means the Western countries will automatically be pulled into a war conflict with Russia.

Putin admitted that potentials between Russia and NATO are incomparable, but pointed out that Russia is one of the leading nuclear states. By some modern components, he said that Russia even outperforms many countries.


The price of bitcoin soared more than 5% to rise above the $54,000 level on Monday. During the session, the largest cryptocurrency hit $54,965.26 and reached its highest level since December 2021.