Chart: Buyers/Sellers – Dec ’14
So much for the year end buying from local institutions to support the market! Source: SET Note: All values are mn THB
Read More →Category: Market
Research on Thai Markets in general and the SET Index
Market Update: 15/12 – 31/12
Last year the SET returned 15.3%, the first few weeks a lot of the brokers are mentioning the possibility of LTF redemptions and the continued weakness in oil prices to weigh on the energy sector here.
Read More →Last post for the year
With Xmas and New Years within the next 2 weeks, this will be the last post for the year as its time to unwind, relax and recharge for what will be an exciting and most likely volatile 2015. 2014 was close to a normal year for Thailand, we faced a military coup with a self […]
Read More →What happened this week 15/12 – 19/12
Thailand Budget disbursement down – Budget disbursement during the first three months of fiscal 2015 is expected to fall slightly short of the target. Deputy Finance Minister Wisut Srisuphan estimates Bt725bn or 28.2% of the annual budget expenditure of Bt2.575trn will be drawn down for the October-December period. (Bangkok Post, 19/12/14) 10% inheritance levy passes […]
Read More →Record Thai Household Debt Crimps Rate-Cut Room: Southeast Asia
With the BOT just announcing that interest rates were going to remain flat today, Bloomberg came out with an article highlighting how consumer debt is still a big issue (and I believe will continue to be at least for another 2-3 years) in Thailand today, enjoy the snippet and the link to the full article […]
Read More →WTF happened to the market?
Yesterday the stock market went through the whole market cycle of selling, panic selling, forced selling, & bargain hunting all the space of a 4.5 hrs. A low of -9% was seen for the day before it rushed back up in the last hour to close down some -2.4%. So what happened yesterday? Well oil […]
Read More →Market Update 08/12 – 12/12
The market has pulled back some 5% this month with Industrials and Resources being the hardest hit. The combination of falling oil prices plus a still weak economy aren’t the best factors for the Thai Equity market as we’ve seen today!
Read More →What happened this week 08/12 – 12/12
Thailand Manufacturers asked to keep price low – MOC is asking manufacturers to maintain their selling price as their cost should be lower after the diesel price fell by Bt1 per litre. (Thai Post, 8/12/14) RD to miss the target in 2015 – The finance ministry said tax collected by the Revenue Department in the […]
Read More →SET wobbling at its peak
On Monday for a brief period of time the SET was able to go above 1,600 & then it subsequently tumbled some 35 pts (or -2%) since then, what are the reason(s) for this? Yesterday there was news about a potential counter-coup from a former PM which was subsequently debunked, but this could explain why […]
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