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SET Index Closed Out the Year With a Bang as Weak Baht Doesn’t Seem to Matter for Now

Fri Dec 30, 2016

The SET index surged 2.18% for the week, up 19.79% for the year, to close on Friday at 1,542.94, led by big cap stocks including CP All PCL (SET:CPALL), up 59.24% for the ...

S&P 500 Ends Final Trading Week of the Year With a Negative Note as Obama’s Russian Sanctions Jolt the Market

Fri Dec 30, 2016

The S&P 500 sold off 1.10% during the final week of the year, to close on Friday at 2,238.83, after the National ...

Sanofi-Biogen Merger Could Deliver Potential Synergies

Thu Dec 29, 2016

Shares of Biogen Inc. (NASDAQ:BIIB) have gained about 3.8% since December 19, when the company announced the appointment of Chief Commercial Officer and Executive ...

Japanese Yen And Gold May Rebound As Strong U.S. Dollar Is Unsustainable

Wed Dec 21, 2016

The U.S. Dollar index, or DXY, which is essentially the USD/EUR exchange rate, broke out the key technical resistance at 96.27, or 50% the Fibonacci retracement ...

Fed’s Yellen May Hike Three Quarter-Points Next Year, But Doesn’t See Need for Trump’s Fiscal Stimulus

Fri Dec 16, 2016

The S&P 500 declined 1.46 points for the week, to close on Friday at 2,258.07, after the Fed raised the target range for ...

Trading Could Get Sloppy as SET Index Failed to Break Out the 1,532 Level

Fri Dec 16, 2016

The SET index was down 3.81 points for another short-trading week, to close on Friday at 1,522.51, as the USD/THB exchange rate may be heading back to retest the 35.90 ...

IBB And XBI Biotech ETFs Could Rise As Energy And Financials Sectors Poised For Corrections

Thu Dec 15, 2016

The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the total return performance of the Nasdaq Biotechnology Index (NBI), and the SPDR S&P Biotech ...

S&P 500 Very Quickly Pricing in Trump’s Promised Pro-Growth Policies … Wall Street Now Asks, When Will He Deliver?

Fri Dec 9, 2016

The S&P 500 skyrocketed 3.08% for the week, to close on Friday at an all-time high of 2,259.53, led to the upside by ...

SET Retail Investors Book Profits as Confidence Tumbles

Fri Dec 9, 2016

The SET index gained 1.64% for the short-trading week, to close on Friday at 1,526.32, as the Thai baht continued to hold its ground against the U.S. dollar. For the week, the ...

BDMS Shares About to Break Out Despite the Company Lowering its 2016 Revenue Growth Target

Thu Dec 8, 2016

Bangkok Dusit Medical Services PCL (SET:BDMS) is one of the largest private hospital operators in Thailand, with ...

Thanachart Capital Shares Move Higher Despite the Bank Remaining Cautious

Wed Dec 7, 2016

Thanachart Capital PCL (SET:TCAP), 18.88% stake owned by Thai NVDR Co., Ltd. and 10.77% stake owned by MBK PLC (SET:MBK), as of October 11, 2016, is the parent ...

Bumrungrad Hospital Shares are About to Break Out, Despite the Company Giving Flat Full Year 2016 Revenue Guidance

Tue Dec 6, 2016

Bumrungrad Hospital Public Company Ltd. (SET:BH), 24% stake owned by Bangkok Dusit Medical Services Public ...

The SET Trade Could Get Messy Again if Selling Persists

Fri Dec 2, 2016

The SET index gained 1.26 points for the week to close on Friday at 1,501.66, above the 1,500 psychological level and practically unchanged from last week, as the Thai baht ...

OPEC and Fed Rate Hike Euphoria Continue to Support S&P 500, While CEOs Raise Concerns About Trump Twitter Frenzy

Fri Dec 2, 2016

The S&P 500 pulled back 0.97% for the week, to close on Friday at 2,191.95, led to the downside by the Information ...

U.S. Dollar Rally Could Fizzle As Fed Rate Hike Euphoria Wanes

Tue Nov 29, 2016

The U.S. Dollar index, or DXY, which is essentially the USD/EUR exchange rate, broke out in early October after Richmond Fed President Jeffrey Lacker, a non-voting ...

PTT Shares Continue to Consolidate After Mixed Third-Quarter 2016 Earnings Results

Mon Nov 28, 2016

PTT PCL (SET:PTT), 51.1% stake owned by the Ministry of Finance as of March 8, 2016, is Thailand’s largest fully integrated gas and oil company and the eighth largest ...

S&P 500 May Pull Back to Retest the Breakout if the Fed Rethinks December Rate Hike Plan

Fri Nov 25, 2016

The S&P 500 surged another 1.44% for the short Thanksgiving week, to close on Friday at an all-time high of 2,213.35, led to the upside by Telecommunication services and Materials ...

The SET Breakout Retest Confirmed as “Trump Dump” Trade Fizzles Out

Fri Nov 25, 2016

The SET index gained 1.8% for the week to close on Friday at 1,500.40, just above the 1,500 psychological level, despite that the Thai third-quarter 2016 GDP came in at 3.2% on ...

The “Trump Dump” Trade Was Overdone as SET Index Tries to Bounce Off the Trendline Support

Fri Nov 18, 2016

The SET index declined 1.38% for the week to close on Friday at 1,473.86, as foreign investors continue selling. According to the SET data as of November 18, net sells by foreign ...

With Wall Street’s “Buy First, Ask Later” Mindset, the More the Fed Talks About a Rate Hike, the Faster the U.S. Dollar and Treasury Yields Surge

Fri Nov 18, 2016

The S&P 500 gained 0.81% for the week, to close on Friday at 2,181.90, led to the upside by Telecommunication ...

MINT Shares Slid After Reporting Mixed Third-Quarter Earnings Results and Offering a Cautious Fourth-Quarter Outlook

Tue Nov 15, 2016

Minor International PCL (SET:MINT), 17.86% stake owned by UBS AG Singapore Branch, 16.53% stack owned by ...

Wall Street Celebrated a Trump Victory, Sending the S&P 500 up 3.8% for the Week

Fri Nov 11, 2016

The S&P 500 surged 3.80% for the week, to close on Friday at 2,164.45, led to the upside by Financials and Industrials, after Donald Trump’s surprising victory on November 9 ...

U.S. Election Turned Thailand SET into a Zero-Sum Game as Foreign Investor Selling Intensified

Fri Nov 11, 2016

The SET index gained 0.59% for the week to close on Friday at 1,494.53, despite Donald Trump’s surprising victory on November 9 and a decision by the Bank of Thailand's ...

PTTEP Shares Still Buoyant Despite Mixed Third-Quarter Results and Weak Crude Prices

Fri Nov 11, 2016

PTT Exploration and Production PCL (SET:PTTEP), a 65.29% stake owned by PTT PCL (SET:PTT) as of August 15, 2016, is a Thailand-based company engaged in the exploration ...

Shares of Bangkok Bank Continue Struggling after Posting Weaker-Than-Expected Third-Quarter Earnings Results

Mon Nov 7, 2016

Bangkok Bank (SET:BBL), 33.41% stake owned by Thai NVDR Co., Ltd., is one of the largest regional banks in ...

S&P 500 and U.S. Dollar Dive Following Big Drop in Crude Prices

Fri Nov 4, 2016

The S&P 500 tumbled 1.90% for the week, to close on Friday at 2,085.18, led to the downside by weakness in the Information technology, Telecommunication services and ...

SET Index Technical Supports Are Breaking Down as Foreign Investor Selling Accelerates

Fri Nov 4, 2016

The SET index pulled back 0.59% for the week to close at 1,485.70 on Friday, after the index made a double top reversal at 1,507, with the Thai baht stabilizing at around 35 baht ...

Here's Why A Biogen And Merck & Co. Merger Remains Unlikely

Thu Nov 3, 2016

The Wall Street Journal reported a potential mega-merger deal between Biogen, Inc. (NASDAQ:BIIB) and Merck & Co. (NYSE:MRK) or Allergan PLC (NYSE:AGN) in early ...

AOT Shares Descend as Concerns Rise Over Air Travel Heading Into Peak Season

Thu Nov 3, 2016

Airports of Thailand PCL (SET:AOT), 70% stake owned by the Ministry of Finance as of December 17, 2015, operates two principal business segments, which are the airport ...

Traders Use the Latest FBI Clinton Email Probe as Excuse to Crash the S&P 500 — Much Stronger-Than-Expected U.S. 3Q GDP Adds ...

Fri Oct 28, 2016

The S&P 500 traded 0.69% lower for the week, to close on Friday at 2,126.41, led to the downside by weakness in ...

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