Analysis Center
04
July
Oil & Gas – In-depth – [NEUTRAL] – 2H25 Outlook: Tailwinds at home, headwinds abroad
Natural gas: Natural gas (include LNG) is expected to grow by 11% in 2H25F mainly thanks to the commercial operations of Nhon Trach 3 (from Sept) and Nhon Trach 4...
04
July
Retail – In-depth – [NONRATED] – 2H25F Outlook: Better or worsen depends on macro conditions
In 2H25F, we think that the business results of retailers would depend on macro-economic conditions. In which, ICT-CE and Jewelry retail might grow slow compared to 1H25 due to the...
04
July
Aviation – In-depth – [NONRATED] – 2H25 Outlook: Hold Altitude
In 1Q25, domestic passenger volume continues to recover and a significant surge in Chinese visitors. Even though airfares could decline due to increased supply, we anticipate a positive impact on...
04
July
Derivatives: Rising liquidity
The contract is currently in a consolidation phase and needs additional signals to confirm a short-term uptrend. As such, investors should monitor the market and wait for clearer signals before...
04
July
Market commentary: Market divergence
The market faced corrective pressure as it approached higher price levels, reflecting investor caution and increased profit-taking. However, the overall uptrend remains intact as the index continues forming new year-to-date...
03
July
Derivatives: A breakout session?
Despite the upward move, the contract requires further confirmation to validate the short-term trend, especially given the lack of volume support in yesterday’s session. As such, investors should continue to...
03
July
Market commentary: Strong foreign inflows
The market's gain, coupled with a rise in liquidity, suggests a return of cash and support for the market’s uptrend. Therefore, investors may consider increasing the proportion of equities in...
02
July
Fund flow: Strong capital outflows in Thailand
Regarding fund activity in the final week of the month, the main divestment pressure was centered on VANECK VIETNAM ET (USD5.5mn), FUBON FTSE VIETNAM ETF(USD3.8mn), and ELITE (USD3.6mn). In contrast,...
02
July
Derivatives: Cautious sentiment
Despite the recent pullback, the long-term uptrend remains intact. Therefore, investors may continue to monitor the market and wait for a suitable entry point to reopen long positions in upcoming...
Featured Analysis
Market commentary: Extending the rally
Derivatives: Breakout session
Market commentary: Demand returns
Strategic Insight: Growth driven by domestic factors
Derivatives: Uptrend confirmed
Market commentary: Late-session selling pressure
Market traders: Liquidity hit a record high
