Research on Thai Markets in general and the SET Index
Bangkok–Korat high-speed train construction kick-off won’t be delayed. The Minister of Transportation said the Phase 1 Bt179mn, 3.5km, portion of the train project (Klangdong – PangA-Sok stations) is expected to start construction within November. (IQ Biz, 10/10/17) Year-end Economic stimulus being discussed. Thai PM Prayuth said that the government is talking with the private sector […]
Read More →And the market crossed 1,700!!! For a few mins. So this year we’ve seen the narratives surrounding tourism, infrastructure, EEC, what’s left? Ah yes a recovery in the banking sector as a result of all these factors…
Read More →MPI continues to rise as exports shine. The manufacturing production index (MPI) continues to rise, gaining 3.7% year-on-year in August to 112.94, indicating that the economy is still recovering, says the Office of Industrial Economics (OIE). The year-on-year rise in July was 3.7%. The increase in August brought the MPI index for the first eight […]
Read More →And he’s back with the latest monthly commentary, two paragraphs I found interesting, 1) the viewpoint on the hurricanes harvey and irma – just a side note: even though there will be gdp growth as a result of re-building, actual productivity doesn’t go anywhere if everything replaced is like-for-like, that’s the amusing thing with gdp […]
Read More →The rush in liquidity has pushed things such as CPALL, HMPRO, and basically every other large name has kept the market buoyant.
Read More →Few people have come to pick up their welfare cards. According to Comptroller General’s Department, 11.67mn have the right for the welfare cards but to date few have come to pick them up. The cards can be used from October 1. (Thai Rath, 26/9/17) Thai-Chinese rail contract officially signed. Contract 2.1 of the Thai-Chinese rail […]
Read More →And the market keeps on rocking!
Read More →Ministry of Finance orders two Special Financial Institutions to issue loans to lowincome people. The ministry has told GSB and BAAC to issue loans for low income Thais as the BoT’s new restrictions on personal and credit card loans may force them to go to loan sharks. (Khao Sod, 18/9/17) Cabinet approves B87bn to help […]
Read More →So, who wants to bet against the market breaking through it tomorrow? Edit: All time high was ~1,753 on the 4th jan ’94
Read More →And the foreign buying into Thai equities continues. We have been thinking that the sudden rush of buying a few weeks ago would awaken the appetites of both local institutions and retail investors. It looks to be the case given the market volumes seen.
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