Market Update 13/05
Thailand is only down -3% this year….urgh…(or -10% in USD terms)
But #’s are coming out…and for several industries…i.e. telco’s…services…argi…petrochem’s…they’re actually looking good and that’s ..60%+ of the market cap? Could we finally see a surprise to the upside?
![](https://i0.wp.com/www.thaicapitalist.com/wp-content/uploads/2024/05/00sum.png?resize=722%2C784&ssl=1)
![](https://i0.wp.com/www.thaicapitalist.com/wp-content/uploads/2024/05/01charts.png?resize=750%2C1441&ssl=1)