THAILAND SET

Thailand SET Overbought, Pullback Ahead

Fri Feb 26, 2016

The SET gained another 1.73% for the short-trading week, to close at 1,343.07 on Friday. The USD/THB exchange rate was quoted at 35.758 baht per dollar on Friday, down 0.75% since the beginning of the year, while the CNY/THB has slid ...

GLOW is About to Break Out, But Keep an Eye on Macroeconomic Indicators

Wed Feb 24, 2016

Glow Energy Pcl (SET:GLOW), is a Thailand-based company which is 69.11% owned by French multinational electric utility company Engie, previously known as GDF SUEZ, with ...

Thailand SET Reverse Head & Shoulders Broke Out as Top U.S. Federal Reserve Officials are Backtracking

Fri Feb 19, 2016

The SET ran up 1.98% on Friday to close at 1,320.19, lead by beaten down energy stocks including Banpu Pcl (SET:BA ...

Beware of Bottom-Fishing with DTAC as Price Wars in Thai Telecom Sector are About to Erupt

Wed Feb 17, 2016

Total Access Communication Pcl (SET:DTAC), 42.6% owned by Norwegian telecom giant Telenor as of March 31, 2015, is the second largest telecom operator in Thailand with ...

Thailand SET Reverse Head & Shoulders Emerges as Bank and Energy Stocks Got Hit by Deutsche Bank CoCo Concerns and Sinking ...

Fri Feb 12, 2016

The Thailand SET dropped 2.17% during the last two days of the week to close at 1,276.49 on Friday, after Federal ...

Shares of Bangkok Bank Almost Ready to Fall Off a Cliff

Wed Feb 10, 2016

Bangkok Bank (SET:BBL) is one of the largest regional banks in Southeast Asia with total assets of approximately 2.76 trillion baht. The Thailand-based bank serves retail ...

Thailand SET Dragged Down by the Telecom Sector as NBTC 900MHZ Auction Saga Continues

Fri Feb 5, 2016

The Thailand SET jumped 0.71% to close at 1,306.20 on Friday, ahead of the U.S. non-farm payrolls report. The U.S. Department of Labor said on Friday that the headline ...

BDMS: A Good Place to Hide During Market Uncertainty

Wed Feb 3, 2016

Bangkok Dusit Medical Services Pcl (SET:BDMS) is one of the largest private hospital operators in Thailand, with approximately 96.1 billion baht in assets as of September ...

Thailand SET Breaks Out on Bank of Japan’s QQE Negative Interest Rate Announcement, Strong Baht Helps

Fri Jan 29, 2016

The Thailand SET jumped 0.98% to close at 1,300.98 on Friday, after the Bank of Japan (BOJ) said following its ...

KBANK Increases Risk Profiles in Mobile Market as Investors Decide to Hold or Fold

Wed Jan 27, 2016

Kasikornbank Pcl (SET:KBANK) is the fourth largest commercial bank in Thailand as measured by total assets, loans, and deposits with about 15% market share in ...

Thailand SET May Break Out Next Week on BOJ Kuroda’s Comments and Less Hawkish Fed Statement

Fri Jan 22, 2016

The Thailand SET was on a roller coaster ride this week, as all eyes were on the European Central Bank (ECB), crude oil ...

AOT is Flying High in a Tough Market

Wed Jan 20, 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 ...

Thailand SET Technical Bounce Fails, More Downside to Follow as USD/THB is About to Break Out

Fri Jan 15, 2016

The Thailand SET pulled back 1.38% on Friday to close at 1,245.85, following the Shanghai Composite Index, which ...

Thailand SET Makes Technical Bounce, But Downside Risk Persists

Wed Jan 13, 2016

The SET surged 1.86% to close at 1,278.61 on Wednesday, following the headline news that China's exports and imports fell far less than expected in December, and that the ...

CP All Shares May Head Higher as Thailand’s Consumer Confidence Rises

Tue Jan 12, 2016

CP All Pcl [SET:CPALL] is the flagship company of the Charoen Pokphand Group, which is controlled by billionaire Dhanin Chearavanont, and operates Thailand's largest ...

Thailand SET Gets Off to a Shaky Start as China Botches the Market

Fri Jan 8, 2016

The SET bounced off the 52-week low of 1,228.18 on Friday, after China’s securities regulator scrapped its automatic stock-trading halt policy and the People’s Bank of China ...

Siam Cement Long-Term Share Price Uptrend May be at Risk

Thu Jan 7, 2016

Siam Cement Pcl [SET:SCC], 31.94% owned by the investment arm of the Thai royal family's Crown Property Bureau, is Thailand's largest industrial conglomerate with ...

Thailand SET Closes Up as the Telecommunication Services Sector Bounces

Wed Jan 6, 2016

The SET shrugged off the headline news that North Korea said they conducted a hydrogen bomb test and closed up 0.53%, to 1,260.04 on Wednesday, as the Telecommunication ...

Thailand SET Ends Year with Bearish Shooting Star, BOT Warns of Difficult Transition Ahead

Wed Dec 30, 2015

The SET closed up 0.33% on Wednesday, the last trading day of the year, at 1,288.02, down 14% for the full-year 2015. According to our technical analysis, the overall markets ...

Advanced Info Service Shares Tumble as Price War in Thai Telecom Sector is About to Erupt

Wed Dec 30, 2015

Advanced Info Service PCL [SET:ADVANC], 23% owned by Singapore Telecommunications Ltd, is the leading mobile operator in Thailand with about 41 million subscribers and ...

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