PTT Shares Remain Bearish as Crude Oil Needs to Find Bottom

PTT Pcl [SET:PTT], Thailand's largest state-controlled fully integrated gas and oil company, said on November 12, 2015, that its third-quarter 2015 revenues were 505.07 billion ...

Don’t Go Bottom Fishing Yet For Siam Commercial Bank Shares

Siam Commercial Bank Pcl [SET:SCB] closed with a negative note on Wednesday at 119.50 baht per share, down 0.52% from the previous close. SCB is Thailand's third-largest ...

Thailand SET Treading Water as Telecom Sector Collapses, Downside Risk Elevated

The SET closed down just 1.99 points for the week, at 1,282.93 on Friday, as turmoil in the Telecommunication services sector continued after the auction of two 4G ...

Thailand SET Gets no Traction as Energy and Telecom Sectors Continue to Drag

The SET tumbled 1.94% on Friday to close at 1,284.92, led by PTT plc and Advanced Info Service plc, top constituents of SET50, which took nosedives of 7.02% and 3.02% ...

More Volatility Ahead for Crude Oil Markets as January’16 WTI Crude Futures Contract Expires on December 21

The WTI Crude Oil Jan'16 futures contract closed at $35.43 per barrel on Friday. The volatility associated with the oil ...

Thailand SET Fell off the Cliff into Bear Market Territory Following Diving Crude Oil Prices

The SET closed at 1,280.92 on Friday, down another 3.95% for the short trading week, a 21-month low. The index closed below 1,295.82, meaning the SET is now entering into ...

Thailand SET Tumbled Following FAA Downgrade and CP All Insider Trading Fines, Downside Risk Persists

The SET was already jittery from the negative headline news earlier in the week and continued its downslide on Friday ...

Proprietary Traders Took the SET Down Below Key Support Level after FAA Downgrade

The SET took a 1.29% nosedive to close at 1,339.45 on Wednesday, after the Federal Aviation Administration (FAA) announced that it was downgrading Thailand's aviation ...

SET on the Verge of Breaching 1,362.26 Key Technical Support as Investor’s Sentiment Shifts to Bearish

The SET managed to close with just a 0.2% loss on Friday, following a sell-off in the telecom sector on Thursday and ...

SET Meets Walls of Resistance Near 1,400, Downside Risk Persists

The SET continued to gyrate between 1,401 and the trendline support (T/S) this week, after Turkish fighter jets shot down a Russian warplane near the Syrian border on Tuesday and ...

PTT Shares Remain Bearish as Crude Oil Needs to Find Bottom

PTT Pcl [SET:PTT], Thailand's largest state-controlled fully integrated gas and oil company, said on November 12, 2015, that its third-quarter 2015 revenues were 505.07 billion ...

SET Wedged in as Investors Can’t Decide Market Direction, Downside Risk Persists

The SET bounced and gyrated most of the week, after the Islamic terrorist group, Islamic State of Iraq and Syria (ISIS), released a video on Monday threatening Washington D.C. ...

SET Takes Three-Day Round-Trip as Islamic Terrorist Threats Spin Out of Control

The SET has gyrated for the last three trading days, after the Islamic terrorist group, Islamic State of Iraq and Syria (ISIS), released a video on Monday threatening Washington D.C ...

SET Technicals Breaking Down and Becomes Increasingly Bearish, Paris Terrorist Attacks Could Add to Selling Pressure

The SET has gone straight down since Friday last week, after the U.S. Labor Department released the nonfarm payrolls ...

SET Technicals Breaking Down … Kind of

The SET closed at 1,390.15 on Wednesday, down 0.59% for the day. In the past 5 trading days, the SET, which is weighted too heavily on the financials and resources sectors, has lost 2.53%. According to the June 2015 SET fact ...

SET and Asian Markets Could Pull Back after Big U.S. Nonfarm Payrolls Report Surprise

The SET closed at 1,414.54 on Friday, up 1.41% for the week, ahead of the release of the U.S. nonfarm payrolls report. The U.S. Federal Reserve received much needed good ...

The SET Closed Higher After the Bank of Thailand Keeps Key Rates on Hold

The SET closed at 1,423.42, up 0.76% on Wednesday after the Bank of Thailand (BOT) decided to key keep rates on hold at 1.5%, after its Monetary Policy Committee Meeting ...

Bullish SET Trend Reversal Emerges Ahead of Bank of Thailand Monetary Policy Committee Meeting

The SET closed down 1.5% for the week at 1,394.94 on Friday after the U.S. Federal Reserve decided to keep ...

SET Technical Selling or Fed Rate Hike Fears?

The SET tumbled another 1.36% on Thursday to close at 1,390.04, after the Fed kept rates on hold, but is somewhat hawkish, meaning there are hints of a rate hike at the next FOMC meeting on December 15-16. The Fed seems to ...

Siam Cement Shares Are Running into Technical Problems as Downside Risk Increases

Siam Cement Pcl [SET:SCC], Thailand's largest industrial conglomerate, said on July 29, 2015, that its second-quarter 2015 revenues were 113.82 billion baht, down 8.8% ...