Sunday, July 3, 2011

Retail stocks are seen as the best plays since consumer spending should rise as Puea

Retail stocks are seen as the best plays since consumer spending should rise as Puea Thai policies are expected to drive up consumption and investment spending, with a rise in the minimum wage and higher rice intervention prices.
Among analysts' top picks are convenience store chain CP All , motorcycle-loan provider Thitikorn Pcl , and building material suppliers such as Siam Global House Pcl and Home Product Center Pcl . (Additional reporting by Satawasin Sataporncharnchai, Wilawan Pongpitak and Saranya Suksomkim

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