Sector Update 13/05 – 17/05
The market has been driven almost purely by the technology sector (advanc, dtac, and true) for the month as the sector as a whole is up +9.8% MTD and a whopping +160% over a 12 month period. This week the NESDB will release Thai 1Q13 GDP (which should be rubbish because of the baht’s strengthening), it’ll be interesting to see how the the BoT reacts, although I have my doubts on them cutting rates.