SET back to lethargy.

At the end of June 2025, I turned SET bullish for the first time in 3-4 years, the market did rebound nicely for a few months only to stall again of late. Its gone back to a dominant trading-speculating stock mkt. here -with a very few large capitalized overvalued stocks attracting most all the attention and capital, while the rest is all but ignored! DELTA (222) as a prime example regularly is the most active traded stock on the SET -with its stratospheric p/e of 138 and minuscule stated annual dividend at 0.21%. Its a sad state of affairs on the Thai stock exchange as it has some of the highest dividend yielding stocks anywhere, while ultra low interest is paid on Thai bank savings accounts (around 0.3%). Hence, the so called "yield-gap" here has to be at a World record high, anywhere. I mostly blame the brokers here for not pointing this out more, vs. endless trading galore.
Paul A. Renaud. www.thaistocks.com
