Research on Thai Markets in general and the SET Index
There is something both ridiculous and beautiful about traditions in any culture, and the same holds for the annual sacred oxen festival where 2 “holy” sacred oxen will dictate the fortunes of the country. The results this year were that there will be plenty of food and water for agriculture and that communication and foreign […]
Read More →Just imagine how the market would be performing if it weren’t for the rapid rebound in oil prices?
Read More →Govt pushed for retail measures — THE RETAIL industry now expects to grow by only 2.8 per cent this year instead of around 3 per cent, and continues to urge the government to implement the short- and long-term measures it has proposed to improve the situation. (The Nation, 4/5/2016) BoT reports muted first-quarter growth – […]
Read More →You can see from the breakdown in industries that energy, petrochemicals etc etc have helped to keep the market relatively strong this year even though we are starting to see some weakness creeping into the financials. But regardless a YTD + 8.5% in THB is magnificent when compared to most markets in the year (although […]
Read More →Which country’s government set up is this? 440 members, 330 elected 110 appointed by the Military. If you thought of Thailand I wouldn’t blame you, that is Myanmar’s current structure, raises quite a few questions doesn’t it? Thailand infrastructure projects These ones are postponed – Mr Peerapol said the three projects are the Pink Line […]
Read More →Yen soars, stocks slump as BOJ holds policy, pushes back inflation target — The Bank of Japan held off from expanding monetary stimulus on Thursday, defying market expectations for action even as soft global demand, an unwelcome rise in the yen and weak consumption threatened to derail a fragile economic recovery. (Reuters, 29/4/16) Fed Waits […]
Read More →The tale of the tape has been rather clear this year 1) Resources – i.e. oil prices have recovered very strongly from their lows and are dragging the market upwards 2) Banks have somewhat recovered as well. Now what has been dragging the market? Easy 1) Telco’s 2) Property, any chance of these turning around? […]
Read More →The last 3 weeks have been rather busy with traveling for both personal and work related activities, and yet really nothing happened much in the world, central banks were quiet, perhaps there was some temporary noise out of doha re oil prices but things have been relatively calm so to speak. First quarter numbers have […]
Read More →China’s Exports Jump Most in a Year, Boosting Growth Outlook — China’s exports jumped the most in a year and declines in imports narrowed, adding to evidence of stabilization in the world’s second-biggest economy. Stocks rallied. Overseas shipments rose 11.5 percent in dollar terms in March from a year earlier, compared with a 25 percent […]
Read More →Given that the everyone was effectively on holiday last week the market had low volumes and little movement. However today we awake to the news that nothing of note happened in Doha (except the Iranians showing the middle finger to the Saudi’s) and oil prices down -4% as of writing. This week, well I wouldn’t […]
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