Market Update 27/10 – 31/10
Last week the market was given a good slap on the bum with 2 events, first the Bank of Japan came out saying “We want to be the largest money printer in the worlddddd!” and second, PTT announced that it is looking at potentially listing its retail arm in what may be the largest IPO in Thailand’s history. Going forward we have 3Q earnings coming out and there is likely to be more news/fund flows revolving around Japan’s announcement. Fun times.
mikerkeag
Hi there
Can you explain about Japan a little more please, and the knock on effects this might have on the SET 50?
Have a good day.
Mike
Pon
Will put some together and post it later this week, I’m thinking more of the impact on currencies, although there will be natural fund flow going around the region as a result of this.