On Monday, the share price of Jaymart Group Holdings Public Company Limited (SET: JMART) at the time of 4.22 p.m. was at THB 10.10, a THB 0.65 or 6.88% increase with a total trading value of THB 328.10 million.
Krungsri Securities stated in today’s analyst note that the pre-launch price range for the upcoming iPhone 17, expected to debut on September 9 (this Tuesday), is estimated at THB 25,700 – 54,700, along with new device specifications. The firm views the anticipation around the launch as a positive factor supporting short-term speculative trades in mobile phone retail stocks, such as COM7, CPW, SPVI, JMART, ADVANC, and TRUE.
However, the brokerage firm advises investors to exercise caution after the launch event, as these stocks could experience “Sell the fact” once the anticipated news has been priced in.
