Sector update 13/01 – 17/01
Violence over the past week and the protests have continued to weigh on the market. Volumes for the SET have also been back to 2010-11 levels which means far less interest from all investors.
Read More →Category: Market
Research on Thai Markets in general and the SET Index
What happened this week 13/01 – 17/01
Thai Economy Kittiratt warns of stifled 2014 growth, As ‘shutdown’ wreaks economic havoc, MPC to meet as scheduled next week – The Finance Ministry expects the prolonged political protest to drag down economic growth to only 3.1% this year, while the Bank of Thailand insists its Monetary Policy Committee will meet on January 22 as […]
Read More →Sector Update 06/01 – 10/01
So a Bangkok shut down is now underway and there is ZERO traffic on the streets and even the BTS was easy to get on and off despite fears of it being overloaded. The EC has advised the government to delay the election to May 4, we’ll see if that happens and foreign investors have […]
Read More →Political impact on the market vs ASEAN
Saw this on twitter via WSJ the other day. Despite Thailand trading @ cheaper valuations on a relative basis vs the Philippines and Indonesia, political troubles have pushed the market further down, thus while there has been a fund outflow out of SE Asia, Thailand has been hit far worse b/c of politics.
Read More →What happened this week 06/01 – 10/01
Thailand Public hearings on water-management scheme necessary: judge – A judge at the Supreme Administrative Court recommended yesterday that the court should order complete public hearings for all of the project modules under the Bt350bn water-management master plan, but added that it should refrain from scrapping the scheme, or ordering a public referendum to decide […]
Read More →Aberdeen Buys Thailand’s Stocks Amid Worst First-Day Drop
If one of the most consistent performing mutual funds in Thailand is doing this and thinks this way shouldn’t we be paying attention? “I was very busy buying stocks yesterday,†Adithep Vanabriksha, the Bangkok-based chief investment officer for Thailand at Aberdeen Asset Management, which oversees about $324.6 billion worldwide, said by phone today. “I still strongly believe […]
Read More →Who’s been dumping the market?
The news would have you believe its 100% foreign selling The numbers say otherwise: Source: www.set.or.th One viewpoint may be that retail investors are redeeming their LTF’s and buying back into the market Another may be that retail investors already had a lot of additional firepower to pick up stocks as they’ve been buying throughout most […]
Read More →Sector Update 30/12 – 03/01
Welcome to 2014! Local fund selling has hurt the energy sector, news says its on the back of LTF redemption.
Read More →Sector Updates 23/12 – 27/12
Some may say 2013 was a year to forget, I considered it to be an amazing year, we saw the euphoric investor sentiment in the first half of the year with valuations of almost every sector (ex. energy) pushed to silly levels and EVERY investor thought that they were rock stars, then in the 3Q […]
Read More →What happened this week 23/12 – 27/12
Thailand Growth forecasts forced down again; FPO, BOT, Nida note impacts of political chaos on economy – As political turmoil hits the economy, the Fiscal Policy Office (FPO), Bank of Thailand and National Institute of Development Administration (NIDA) have all cut their estimates for GDP growth this year, and fear it won’t be much better […]
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