Thai bourse opens up 

A stock analyst at Krungsri Securities expected the index to rise between 1,450 and 1,460 points before falling in response to the rise in regional markets as US non-farm employment increased by 2.5 million while the unemployment rate dropped to 13.3 per cent after an easing of lockdown measures.
“We expect the negative economic conditions to have already bottomed out and begin to recover,” he said.
“The market also gained positive sentiment from the rising crude oil price. The price rose more than US$40 [Bt1,258.12] per barrel after the Opec+ grouping decided to keep oil production at 9.7 million barrels per day until July.”
The analyst advised investors to beware of mass-sell offs as the SET Index would be under pressure due to signs of “overbuying” and tight valuation.
He recommended investors buy: 
▪ Energy stocks which will benefit from the rising crude oil price, such as PTT, PTTEP, Top, PTTGC, IRPC, SPRC and IVL
▪ Stocks which will benefit from the cabinet’s move to come out with tourism stimulus measures, such as Mint, Centel, ERW and AOT.
▪ Stocks which will benefit from the Transport Ministry’s move to summarise the second phase of the Eastern Economic Corridor transport infrastructure, such as Amata and WHA.
▪ Stocks whose second quarter performance will improve, such as CKP, Tasco, STA and RS. 
The SET index rose by 24.69 points, or 1.75 per cent, on Friday, closing at 1,435.70 points, with transactions totalling Bt120 billion. Foreign investors made net buys of Bt52 million in stocks and Bt623 million in bonds. There were 15,224 net short TFEX contracts.