Research on Thai Markets in general and the SET Index
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 →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 →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 →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 […]
Read More →Given Thailand’s proximity to Laos, the country should be one of the main beneficiaries of the LSX opening up further, and if you’re willing to take a long term viewpoint then the LSX can offer wonderful opportunities, Â I remember EDL providing a 16% dividend at one point 3 years ago. Now back to the index, […]
Read More →Will the SET cross the magical 1,600 barrier or not? That is the question on the minds of every short term trader out there. Does it matter? No. Quick reminder: The following securities will be in the FTSE index as of close on December 19. FTSE SET Large-Cap index inclusion: MINT; exclusion: FTSE SET Mid-Cap […]
Read More →A great article on the Economist popped up a few days ago detailing Thailand’s economic growth during the political crises that the country has faced and the demographic issues that Thailand has today, here are the key charts, key points, and a link to the full article Thailand’s volatile politics have not prevented it from […]
Read More →Thailand More stimulus on the cards if revenue surpasses expectations – The Finance Ministry is poised to add more spending to the mid-year budget in an attempt to boost the stuttering economy if the government’s revenue collection exceeds its target. (Bangkok Post, 1/12/14) BoT at ease over NPL risk – BoT said there are no […]
Read More →Notable Transactions Buy(s) THB 2.4 bn MTLS, IFEC, NMG, GFM, RS, JAS, M-CHAI, BA, EARTH, STA, EPCO, KSL, AUCT, SAMART Sell(s) THB 2.0 bn CGD, NMG, IFEC, MONO, DNA, BTS, BSM, DNA, ABC, PPM, BTC, BLAND, EE, EPCO, CHO, MACO
Read More →The story for the SET remains the same, year end buying from local institutions are and will continue to buoy the market, and the developments in the commodities market haven’t had an effect yet on any names outside the energy sector. Thinking aloud, what if the crash in commodities leads to asset selling leads to […]
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