Market Update 25/07 – 29/07
There’s only one thing on the market’s mind this week and that’s the coming weekend’s vote on the new constitution. So far we’ve seen that local institutions are the ones doing most of the selling.
Read More →Category: Market
Research on Thai Markets in general and the SET Index
WHTW: Top 10
5% GDP growth target set for 2017-21—The12th National Economic and Social Development Plan (2017-21) has set targets of 5% annual GDP growth and per capita income of US$8,200 (286,200 baht), up from $6,000 now. (Bangkok Post, 25/07/16) First-half loan loss provisions sufficient to handle rise in NPLs in second half, central bank says – LOAN-LOSS […]
Read More →Random Thoughts: A busy Government, Governance Principles, Tenbaggers in Asia
The Thai Government has been rather busy with policies, reforms, projects etc etc just look at the list of things announced in the past 2-3 weeks First infrastructure investment, we have bidding terms for the southern double-track thats worth some THB 16.5 bn http://www.bangkokpost.com/news/general/1036445/bidding-terms-for-b16-5bn-southern-double-track-this-month, then the Eastern Economic Corridor which spans the three eastern provinces of Chon […]
Read More →Random Thought: Fund flows since 2010
Its always interesting to note who the participants are in the market. The advent of mutual funds, tax benefits and continually decreasing interest rates have led to local institutions becoming larger and larger holdings in equities versus pre 2010. It does appear that the prop desks aren’t doing that well (if they sell less than […]
Read More →Market Update 18/07 – 22/07
+17% this year, what economic slowdown? What political crisis? Arguably the best performer in the world in USD and local currency terms. So what’s next? Next month may be another one full of turmoil with the constitution vote on the 7th August. Fun times for sure.
Read More →WHTW: Top 10
New investment in 2nd half to hit Bt466 bn, says finance minister — THE ECONOMIC Steering Committee estimates that new investment from the public and private sectors in the current second half of the year will be worth Bt466 billion and provide more than 67,000 jobs, Finance Minister Apisak Tativorawong said after a meeting of […]
Read More →Market Update 10/07 – 15/07
And boom! the market is up 15% this year, banks are rebounding nicely in the past week as have telco’s specifically ADVANC and TRUE. What economic crisis? What economic slowdown? Or are the continuation of low interest rates just driving this.
Read More →WHTW: Top 10
Ban Thanarak Pracharat housing project to select its developer in 2 weeks — BANGKOK, 8 July 2016 (NNT) – The government is nearing the end of its bidding process to select a private developer for its Ban Thanarak Pracharat project, which provides low-cost housing. Director of the Treasury Department Jakkrit Parapantakul revealed that there are […]
Read More →Market Update 04/07 – 08/07
Banks seem to have picked up steam with analysts and investors believing that the worst is over for the sector. Agriculture has been on a run lately on the back of increasing commodity prices as well. Â Going forward we have earnings season starting! Fun times ahead
Read More →Random Thoughts: Monopoly, money transfer, beer, Mobius, Brexit, a question?
Bill Gross – Monopoly The latest paper from Bill Gross is focused on credit, credit growth and a usual critique of central bankers. So why bother with this? Well it’s a good concise argument that slow credit growth has led to sub-optimal global GDP growth and perhaps the original methods of running a central bank […]
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