Market Update 21/05
Some will blame Trump, some will blame China, some will blame the government, some will blame the valuations, some will be blame the religious deities. I will just say look at the numbers.
Read More →Category: Market
Research on Thai Markets in general and the SET Index
WHTW Top 10: 13/04 – 17/04
Foreign applications to BoI record hike in first quarter : The Board of Investment (BoI) reports foreign investment applications for government incentives in the first quarter rose sharply by 253% to a total value of 84.1 billion baht. Bangkok Post Senators seen as PM puppets : Instability ‘inevitable’ in Prayut-led coalition . At least 160 […]
Read More →Market Update 13/05
And so 1Q19 #’s are continuously coming out, things are still looking average out there and whilst the markets are praying for a relief on the US China issues we don’t have the same valuation margin of safety that existed back in December. It’s going to be an iffy period…oh plus there’s politics in Thailand […]
Read More →Upcoming MSCI Movements
It’s going to be wild ride for equities in the emerging markets this month and in August. Why? China’s equity weighting within the MSCI Emerging Markets indices will be increasing from 5% to 20%. Source: MSCI What it was only 5% in the past? Yes, according to MSCI “The 5% initial inclusion of China A […]
Read More →Market Update 07/03
Button down, tighten those seat belts, we’re going to see the aftermath of the Coronation of His Majesty the King. What is going to happen on the 9th May? Despite my personal opinions it looks like Prayuth et al shall be forming a weak coalition government. But could there be a twist? Let’s see, volatility […]
Read More →WHTW Top 10: 29/04 – 03/05
Uproar as EC found in error again : Doubt rising over entire election: critics . The Election Commission (EC)’s credibility has come under scrutiny yet again after it announced incorrect results for a recount on Sunday in a Nakhon Pathom constituency, held to “correct” a tally that had been questioned. The Nation FPO cuts 2019 […]
Read More →Byron Wien: May ’19 Commentary
And he’s out with his latest commentary, this time around he talks about the key issues surrounding the market today, a decent 5-10 min read, enjoy! Note: Because it’s only email that one receives when subscribing to Blackstone there is no link so I’ve posted the commentary in its entirety below. Sifting through the Clutter […]
Read More →Market Update 29/04
Every sector is green except for industrials…specifically this is IVL et al. So my random thoughts on the market? Hasn’t changed, good til now given the sharp drop in 4Q18, earnings are still average (at best) and valuations are high-ish. Plus who knows what is going to happen on the 9th May when the election […]
Read More →WHTW Top 10: 22/04 – 26/04
1. EC to push ahead with formula : FFP looks set to take biggest list-seats hit . The Election Commission (EC) will press ahead with its controversial method to calculate and allocate partylist seats. Bangkok Post 2. Central bank’s net loss shrank to B154bn in 2018 : The Bank of Thailand’s net loss narrowed to […]
Read More →Market Update 25/03
As much as we may like to contribute today’s market decline to the farcical election process that is currently occurring in Thailand. The whole region is down today and the THB is actually strengthening. On Friday last week the US yield curves (2/7) inverted and that has people spooked.
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