Research on Thai Markets in general and the SET Index
I’ve been travelling effectively every weekend either by car or plane since the airport opened up and its very obvious to see the economic destruction throughout all destinations excl perhaps Hua Hin and Khao Yai. Whilst I’ve thought that banks may be interesting at some point in the 3-6 months once provisions and write-offs are […]
Read More →FPO: Indications of GDP shrink diminishing in Q3 : Recovery momentum spotted in key areas. Economic recovery momentum during July and August suggests the economy could contract less in the third quarter than the previous period, says the Fiscal Policy Office (FPO). Bangkok Post EVAT aims for EV outlet ubiquity : The Electrical Vehicle Association […]
Read More →Market’s been on a sideways downtrend since the peak in mid-June…and what can change this? 3Q #’s are unlikely to be inspiring, given that this economy is driven by tourism and exports where the first one is reliant about domestic travelers which is perhaps ~20-30% of total spending compared to international travelers to the country […]
Read More →SET returning to normal short selling rules on October 1 : The Stock Exchange of Thailand (SET) announced yesterday it will resume normal rules for short selling prices with a zero plus tick and +/- 30% ceiling and floor limit, effective Oct 1 after market volatility has returned to normal for over a month. Bangkok […]
Read More →I love data, just look at this to know what has been doing well. Interesting re ceramic’s doing well and sugar being killed.
Read More →If case you’ve been living on a deserted island without access to internet, you’d know that over the weekend there were “protests” against the government/army/monarchy. Impact on the market? N/a. But the kids are supposed to be back on the streets on the 24 September which is during the period 23-24 Sept where the Government […]
Read More →TAT calls attention to flaws in tourism scheme : Only 17% of 5.05 million registrants used the benefit over two months. The domestic tourism subsidy needs another major revamp despite generating 3 billion baht for the local sector, as just 17% of 5.05 million registrants used the benefit over two months, according to the Tourism […]
Read More →A combination of the sell off in Agri (specifically pork-related names) and oil (a little dip for this period) => the market declines. September – to my memory – has always been a eventful month for markets, and we doubt this month is going to be any different with Thailand facing some students hitting the […]
Read More →Moratorium borrowers need a break : 30% of SMEs under the scheme are unable to make repayments. Some 30% of borrowers entering the debt moratorium scheme are not expected to be able to service their debts at the same rate, says the Small and Medium Enterprise Development Bank of Thailand (SME D Bank). Bangkok Post […]
Read More →Oil woke up to the downside over Thailand’s long weekend (started on Thursday night) and is now -12%. This naturally has a negative impact for the Thai market given the weighting in the index on oil names. The agri sector, especially those driven by pork prices – well it seems done for now, I wouldn’t […]
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