Anyway you look at here its a highly price distorted Thai stock exchange.
Here shown is the Thai"SSet" index graph showing its performance over the past, say10 years. This is an index of 120-130 smaller cap. Thai stocks. Its exact number varies every six months just...
Today my letter was published in the BKK Post. Where I dare to raise the often poor broker behavior in enticing retail clients to just trade, rather then invest. While this ill-practice is never mentioned, its one reason the SET has stalled and retail investors all but gone.
From searching AI on Thai Retail investors participating it answered back exactly as follows:
"The trend is clear: Retail investors went from nearly half the Thai market → down to low-to-mid 30%. That’s a solid 10–15 percentage-point drop in just a few years. Foreign investors (and punters) are now the...
As we continuously see, on the Thai Stock exchange it's the same old-saga, for so long -even getting worse...for now.
The stock mkt. here is/remains ever so over dominated by speculating on way-overvalued very, very few big cap stocks, or new IPO's, while the rest is all but ignored....even so at 1/10...
Dichotomy on the Thai Stock Exchange should be changing.
As I foresaw some time ago (post calling the Covit mkt. bottom), the Thai SET remains in a prolonged broad bear market. Where a very few large cap stocks keep being dominant, while most all else is shunned.