Research on Thai Markets in general and the SET Index
There has been a sudden drop in the average daily value (-50%) traded in the past week which has quite a few of us flummoxed….apparently it has something to do with the latest announcement from the SEC regarding brokers ability to report on company news and viewpoints.
Read More →Thai 2016 GDP Growth Still Seen at 3.3 Percent: Finance Ministry. Thailand’s economy is still expected to grow 3.3 percent this year, with July-September’s annual pace seen at 3.5 percent thanks to government spending, a senior finance ministry official said on Thursday (29/09). Despite the drag from falling exports, growth will be supported by high […]
Read More →The wonderful month that is September is nearly over, hasn’t it been a fun ride? This week there isn’t much news left, today we are expecting some trade data – likely to be weak, but otherwise the central banks are done for the next 2-3 months and it should be a relatively quiet week news […]
Read More →Thailand Future Fund to be IPO-filed this year end. The financial advisors are selecting projects to be included in the funds. The 3 possible projects are Motorway #7, Motorway #9 and Rama III-Dao Kanong-Bangkok outer ring road. (Bangkok Biz, 16/9/16) Fresh stimulus on the way. The government is poised to launch a fresh round of […]
Read More →Well its mid-way through my favourite month of the year and the SET is down some -4.5%, why? Well we know why but can’t type it in public, though from what I’ve been told everything has been pre-arranged internally. You take from that what you will. The Fed is supposedly meeting soon and that should […]
Read More →Notable Transactions Buy(s) THB 167 mn BTW – A switch between shareholders EARTH – Oh he’s back to buying shares again. One of the strangest coal companies around.. Sell(s) THB 435 mn ORI -Â This was the block sale to Templeton PT – Interesting that after he sold the block of shares the share price […]
Read More →Household debt up sharply: Reckless policy and slow growth at fault. Average household debt in the year to date has risen by 20.2%, the highest growth in nine years, according to a survey by the University of the Thai Chamber of Commerce (UTCC). (Bangkok Post, 16/9/16) Â BoT watch on foreign bondholders. The Bank of Thailand […]
Read More →Well that was rather fortuitous. At the beginning of last week I wrote that I hate the month of September, and this has year been no different with some -6% knocked off the SET so far this month. Granted I personally may be influenced because I still remember the times of ’07 and ’08 regarding […]
Read More →I enjoyed reading this speech from the now former head of the RBI, it does give a quick insight into the thinkings of a central banker. To bolster the value of the rupee, we had to give investors more certainty that future inflation would be low. After all, it was primarily India’s higher inflation with […]
Read More →Â Fixing of structural issues urged. THE ECONOMY has the potential to grow by 4.5-5.5 per cent a year if the country addresses hindering structural issues, said Bank of Thailand Governor Veerathai Santiprabhob. (The Nation, 7/9/16) Nod for Gold Line monorail, but impact study requested. THE BT3.8-BILLION Gold Line monorail project for western Bangkok along the […]
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