Investors seek a scapegoat
Article Abstract:
The members of the Club to Protect the Interests of Stock Investors have gathered to discuss how Thai stock brokers have made them victims by forcibly offering them to buy stocks. The crime has become a common place in the stock markets, witness to it is the $20 billion lost by retail investors since the early 1990s. Efforts to urge the Thai government to conduct a probe on the Three K's, the supposed culprit, has already been done. The Singapore government has also been asked to warn its money traders to stop spreading speculations concerning the devaluation of the baht, Thailand's currency.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Shying from rough seas: bottom-fishers in Thailand play it safe now
Article Abstract:
Investors who are looking for bargains chose not to buy in Asia, particularly in Thailand, even as Asian stock markets saw dramatic declines. In Thailand, investors shied away because they have been seared before and the actual stockmarket capitalization has diminished extremely. Moreover, for many foreign fund managers, market capitalization is too meager to invest in. However, investors who wish to invest long-term may find companies such as Banpu, Electricity Generating and Thai Farmers Bank attractive.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Gloom returns to Thai stock market amid bad interest-rate, political news
Article Abstract:
The Stock Exchange of Thailand (SET) has begun to feel the effects of the China-Taiwan dispute. Interest rates have fallen while foreign investments increased, fueling a 10% rally in the SET index in Jan. 1996. However, market analysts predict that the brief rally would be followed by a bear market in the next months as a result of the political tensions in the country.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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