So oil markets have their own rollercoaster with the Saudi’s and the Russian’s not cutting output and potentially ramping it up production instead.
And so as of midday 09/02 PTTEP is -29%, PTTGC is -25%, and PTT is -24%. Who said large caps are safer?
SET is back to where it was in … 2012? Loving it, I keep to the same saying, get your buy list, close your eyes, take advantage of it.
Which names typically benefit from lower oil prices? TASCO, PTG, refineries i.e. TOP, TOA, EPG. But each company will have its own demand side issue atm…