THAILAND SET

The SET Index Sold Off Ahead of the April U.S. Nonfarm Payrolls Report

Fri May 6, 2016

The SET closed down 0.99% for the short trading week at 1,390.70 on Wednesday, up 7.97% year-to-date. The Thai stock market sold off ahead of the nonfarm payrolls report ...

Uncertainty Surrounding the 900 MHz Spectrum License Auction Could Keep Intouch Shares in No Man’s Land Until June 24

Thu May 5, 2016

Intouch Holdings Pcl (SET:INTUCH), formerly Shin Corporation Pcl, is a Thailand-based company engaged in investments ...

The SET Index Uptrend Remains Intact as Thai Baht Strengthens Against the U.S. Dollar

Fri Apr 29, 2016

The SET closed down 0.44% for the week at 1,404.61 on Friday, up 9.05% year-to-date. The USD/THB exchange rate was quoted at 34.92 baht per dollar on Friday, down 3.08% ...

Siam Cement is Breaking Out Despite Looming Supply Glut

Wed Apr 27, 2016

Siam Cement Pcl (SET:SCC), 31.6% owned by the Crown Property Bureau Group, which manages the Thai royal family’s properties and investments, is Thailand's largest ...

The SET Index V-Shape Bounce in Question After Big Bank Net Profits Plunge

Fri Apr 22, 2016

The SET jumped 1.83% for the week, after last week's three-day market holiday for Songkran, to close at 1,410.81 on Friday. The index is up 9.53% year-to-date. According...

Siam City Cement May be About to Break Out

Wed Apr 20, 2016

Siam City Cement Pcl (SET:SCCC), Thailand's second-largest cement manufacturer with market capitalization of 73.8 billion baht as of April 20, offers two types of cement products: mixed cement, which is formulated for plastering and ...

Siam Commercial Bank Shares Struggle Ahead of First-Quarter Earnings Report

Sun Apr 17, 2016

Siam Commercial Bank Pcl (SET:SCB), Thailand's third largest lender by assets, 2.77 trillion baht in 2015, operates four business segments: the wholesale banking group ...

Bumrungrad Hospital Downside Risks Increase as Revenues and Earnings Missed Market Expectations

Wed Apr 13, 2016

Bumrungrad Hospital Pcl (SET:BH) is Thailand's second largest healthcare provider by market capitalization ...

The SET Index Tanks after the Japanese Yen and Thailand 10-Year Sovereign Bonds Rally

Fri Apr 8, 2016

The SET took a 2.22% dive for the week, to close at 1,369.64 on Friday, but is still up 6.34% year-to-date. The USD/THB exchange rate was quoted at 35.102 baht per dollar on ...

Advanced Info Service Could Emerge From Thai Telecom Sector Mess as the Winner

Wed Apr 6, 2016

Advanced Info Service Pcl (SET:ADVANC), 23% owned by Singapore Telecommunications Ltd, is the leading GSM mobile operator in Thailand with about 41 million ...

The SET Index May be Forming a Rounding Top, While Thailand 10-Year Bond Begins to Bubble

Fri Apr 1, 2016

The SET gained 0.43% for the week, to close at 1,400.72 on Friday, up 8.75% year-to-date. The USD/THB exchange rate was quoted at 35.17 baht per dollar on Friday, down ...

JAS Downtrend Continues as 4G Pipe Dream Turns into a Dud

Wed Mar 30, 2016

Jasmine International Public Company Limited (SET:JAS) is a Thailand-based holding company engaged in integrated telecommunication services. According to Financial Times ...

Thailand SET Closed Higher for the Week, Despite Federal Reserve Official’s Hawkish Switch

Fri Mar 25, 2016

The SET gained 0.85% for the week, to close at 1,394.78 on Friday, up 8.29% for the year. The USD/THB exchange rate was quoted at 35.293 baht per dollar on Friday, down ...

AOT’s Good News May Already be Priced in

Wed Mar 23, 2016

Airports of Thailand Public Company Limited (SET:AOT) operates two principal business segments, which are the airport business and hotel business. The company manages and develops Suvarnabhumi, Don Mueang, Chiang Mai ...

The SET Pulled Back as Thailand 10-Year Bond Yield Plunged, Risk/Reward Continues to the Downside

Fri Mar 18, 2016

The SET lost 0.75% for the week, to close at 1,382.96 on Friday, but up 7.37% for the year. The USD/THB ...

Banpu Under Selling Pressure as Coal Prices Won’t Rebound Anytime Soon

Tue Mar 15, 2016

Banpu Public Company Limited (SET:BANPU) is one of the largest coal miners in Southeast Asia. It owns stakes in more than 20 coal assets around the world, including Laos ...

Thailand SET Bulls Continue Pushing the Envelope as Crude Oil and Thai Baht Surge, Risk/Reward to the Downside

Fri Mar 11, 2016

The SET gained another 1.01% for the week, to close at 1393.41 on Friday. The USD/THB exchange rate was ...

PTT Shares Bounced Off a 6-Year Low, Downtrend Channel Remains Intact

Wed Mar 9, 2016

PTT Pcl (SET:PTT) is Thailand’s largest fully integrated gas and oil company and the eighth largest energy company in the Asia/Pacific rim region, according to Platts. The company ...

China’s RRR Cut Sends Thailand SET Deeper into Overbought Territory, a Setup for a Steep Pullback

Fri Mar 4, 2016

The People’s Bank of China (PBoC) said on Monday that the bank cut the required reserve ratio (RRR) by 0.5 percentage points, effective March 1. According to Bloomberg ...

Bulls Take Charge as Shares of CENTEL are About to Break Out

Wed Mar 2, 2016

Central Plaza Hotel Public Company Limited Pcl (SET:CENTEL), is a Thailand-based company engaged in the operation of hotels, food and ice cream outlets. CENTEL ...

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