<<

February 24, 2021

Thai Enquirer Summary

Political News

is set to receive Covid-19 vaccines today from China’s Sinovac and the Oxford- Astrazeneca, according to Deputy Prime Minister and Public Health Minister Anutin Charnvirakul.

 On the political front, Prime Minister Gen Prayut Chan-o-cha is said to lose his temper with the media again when he was asked the popular social media “Clubhouse” application after former prime Minister showed up on the app, showing his support for young people’s call for charter amendments.

 Thaksin joined the February 22 forum as special guest under the name “Tony Woodsame” along with former ministers in his government such as Surapong Suebwonglee, , and Pichai Naripthaphan on the app on February 22, the CARE Movement said on its page.

 The ex-premier attended the 2-hours long forum talking about his experience of contracting Covid-19 and then recovering from the disease as well as the origin of the “30 baht cure all” policy that his came up with to tackle

the country’s healthcare problems. The forum drew more than 100,000 listeners overnight.

 At one point, the ex-premier talked about political rallies in Thailand which he said caused by young people feeling uncertain about their future. He urged the government must communicate with these young protesters based on reason as well as find ways to make Thailand open and free.

 Interestingly, when asked by another guest about the Tak Bai and Kreu-Sae incidents in 2003 which led to a large number of people and insurgents being killed under his administration, the ex-premier said he hardly recalled the incidents and expressed his condolences to the victims of the incidents.

 This 1st appearance on Clubhouse app of Thaksin became top trend quickly followed by many questions and responses. The #Thaksin accompanied by “Tak Bai can’t remember” rose as the most popular Twitter trend this week. Some comment said Thaksin on Clubhouse but Lung (used to refer to Prime Minister Gen Prayut) is still on TikTok.

 Gen Prayut told the press that he did not use the Clubhouse app because he had no time for it, telling Thai people not to listen to criminals. He was quoted as saying, “Why do I have to be listening? People love listening to this criminal who destroyed the law and people are still giving him credit”.

 The coalition Bhumjai Thai Party said it is willing to wait for decision of the Phalang Pracharat Party (PPRP) on a punishment against 7 rebels who violated the party’s resolution on the no-confidence vote.

 Paradon Prisananantakul, a Bhumjai Thai MP for Ang Thong, said his party will wait for the committee’s announcement for punishment measures for the conduct of 6 rebels after its findings are to be released within 15 days.

 On Protest news, Ratsadon (People’s Movement) protesters yesterday rallied in front of the headquarters to protest against the corruption-plagued police promotion system. The issue was raised during last week’s censure debate by the opposition Kao Klai (Move Forward) party.

 A small crowd started gathering at intersection in at about 17.00 hrs, with protest leaders taking to the stage to denounce the widespread practice of alleged nepotism and graft in police reshuffles and to urge hard-working police to rise up and fight for justice. Prominent Ratsadon core leaders Panasaya Sitthijirawattanakul and Panupong Jadnok or “Mike Rayong” were absent from the rally.

 Protesters then marched to the Royal Thai Police headquarters and distributed copies of a letter containing a statement among protesters. The letter was claimed to be written by a police officer addressed to his colleagues.

 The protesters dispersed peacefully at about 20.30 hrs. The organizers announced another rally today and ask supporters to wear black in another protest today in front of the Criminal Court to “mourn” the justice system for 112 minutes, to protest against Section 112 of the Criminal Code or the lee majeste law and the detention in prison of 4 core protest leaders, namely Parit Chiwarak, Anon Nampa, Somyos Prueksakasemsook and Patiwat Saraiyaem.

 On the charter amendment issue, Suthin Khlangsaeng, the opposition chief whip and Pheu Thai MP for Maha Sarakham, came out to admit that the opposition is worried that the charter amendment process could be derailed after the Constitutional Court accepted a petition asking it to rule if the process is unconstitutional.

 The court’s review is likely to affect the 2nd reading of the proposed charter amendments scheduled for February 24-25. The court’s schedule to consider the amendment drafts on March 4 will also affect the 3rd reading of the proposed charter amendments set for mid-March. The court’s verdict in opposition to charter amendments is likely to lead to conflict in society and the charter amendment crisis to deepen.

 In a related development, a report said 108 lawmakers had proposed a motion to ban members of the National Council for Peace and Order (NCPO), the National Legislative Assembly (NLA) and former charter drafting committee members under from serving on a new Constitution Drafting Assembly (CDA).

 The Criminal Court is set to deliver a verdict in a case against 39 leaders of now-defunct People’s Democratic Reform Committee (PDRC) including today on offences, including treason, acts of terrorism.

 The court’s decision is a result of public prosecutors’ decision to submit the case against 39 leaders of the movement rally on January 24, 2018. Suthep and all the defendants denied all the charges when appearing before the court. They were released on bail on condition of not leaving the country without permission from the court.

 The court said it had now completed the examination of witnesses in the case.

 Among the 39 defendants are Education Minister Nataphol Teepsuwan, Digital Economy and Society (DES) Minister Buddhipongse, Deputy Transport Minister Thavorn Senniam, Democrat MPs Sathit Wongnongtoey and Rangsima Rodrassami, former Democrat MP Witthaya Kaewparadai and Phalang Pracharat Party list MP Paiboon Nititawan.

 Deputy Prime Minister Gen Prawit Wongsuwan, as the Phalang Pracharat Party (PPRP) leader, came out to confirm that the party will not field former police chief Pol Gen Chakthip Chaijinda as its candidate to contest the upcoming Bangkok gubernatorial election.

 Gen Prawit’s move came after a large banner bearing the image of Pol Gen Chakthip was hung in front of the former headquarters of the PPRP, fuelling speculation that the ex-police commissioner will run for the contest under the PPRP’s banner. Gen Prawit said the old PPRP head office building had nothing to do with the party.

 The cabinet formally approved the extension of the nationwide emergency decree nationwide for another month through March 31.

Economic News

 The urged the Thai government to boost investment to 35-36 per cent of GDP, from 17 per cent at present, and double productivity growth, as Kiatipong Ariyapruchya, World Bank senior economist for Thailand, said during a Virtual Forum: Reinventing Thailand 2021 on the topic “A More Prosperous 2021”.

 The World Bank economist also said it will take at least 2 years for Thailand’s economy to return to its pre-pandemic level due to its heavy reliance on tourism amid volatile political situation and the trade war.

 Kiatipong also warned that Thailand’s poverty rates will be elevated due to economic impacts of the outbreak, with additional 1.5 million people may have entered poverty in 2020. It will take at least 4-5 years for the country to return to sustainable growth.

 Given such the economic prospect, the World Bank is looking to cut its previous projection of 4 per cent in 2021 due to the new round of the Covid-19 pandemic.

 Meanwhile, the unemployment rate in Thailand increased to 1.69 per cent in 2020, compared to 0.98 per cent in 2019, according to the National Economic and Social Development Council (NESDC).

 Average hours worked in the private sector also fell from 45.8 hours per week to 43.2 hours per week, a drop of 5.7 per cent. The number of overtime workers (who work over 50 hours per week) fell to 17.1 per cent. This is seen as an indicator that workers had insufficient income to afford necessities.

 Household income fell from 26,371 baht to 23,615 baht during the 1st half of 2020, or by 10.45 per cent, according to the NESDC’s household socio-economic Survey.

 The government’s economic think-tank expects an increase in household debt in the 4th quarter of 2020.

 However, there is some good news for the export sector as Kasikorn Research Centre (KResearch) foresees a good prospect for Thai export after the global economy has been showing signs of recovery.

 Thailand’s exports grew 0.35 per cent year-on-year to US$ 19.7 billion in January, below the market estimate of 2.7 per cent, according to KResearch.

 Phusit Rattanakul Sereeruengsit, director-general of the Trade Policy and Strategy Office, also saw an uptick on exports in January of products related to agriculture, working from home trend and the pandemic. Rubber gloves gained 200 per cent year-on-year, up 14 months in a row, based on high demand from many countries. Gold exports plunged by 90 per cent year-on-year.

 Exports expanded for a second consecutive month thanks to recovery in global trade and national economies especially in Asia, including optimism on vaccination progress, Phusit said.

 However, he warned that the Thai exports could face pressure from the new Covid-19 outbreak coupled with new variants, a shortage of shipping containers, and the strengthening of baht. The trade office estimated a 4-per-cent of exports growth in 2021 overall, he added.

 Imports in January were $19.90 billion, down 5.24 per cent from the same month in 2020, contributing to a trade deficit of $202.4 million.

 Four mega-infrastructure development projects, worth a combined 160 billion baht, will be developed this year under the public-private partnership (PPP) arrangement, says the State Enterprise Policy Office (Sepo).

 The four mega-infrastructure development projects are considered projects of high priority, said Pantip Sripimol, the Sepo's director-general

 The projects are the MRT's Purple Line running from Tao Poon to Rat Burana (124.8 billion baht); the roadside accommodation development and management project on the motorway between Bang Pa-in and Nakhon Ratchasima (1.6 billion baht); the roadside accommodation development and management project on the intercity highway between Bang Yai and Kanchanaburi (1.5 billion baht); and the Phuket mass transit system phase 1 from Phuket International Airport to Ha Yaek Chalong (35.2 billion baht).

 Bangkok Mass Transit System (BTSC) reportedly asked the Central Criminal Court for Corruption and Misconduct Cases to bring a lawsuit against Mass Rapid Transit Authority of Thailand (MRTA)’s executives and related parties following the cancelled bidding for the western extension of the MRT Orange Line.

 BTSC asked the court to rule if MRTA and other parties have violated Sections 157 and 165 of the Criminal Code and Section 172 of the constitution’s 2018 organic law on corruption suppression and prevention.

 The BTSC claims the accused parties unlawfully changed the bidding criteria after a number of contenders, including itself, had already submitted their bids.

 The court has scheduled to begin examining the BTSC’s petition on March 15.

 Meanwhile MRTA yesterday signed a contract to jointly invest in designing, constructing and finding an electric rail operation system to provide maintenance services to the Pink Line's 4-billion-baht Si Rat-Muang Thong Thani extension route.

 Deputy Prime Minister Anutin Charnvirakul, who presided over yesterday's contract-signing ceremony, said this specific extension route of the Pink Line was

approved by the government as part of its efforts to upgrade the mass rail transport system in Bangkok and its surrounding provinces.

 "Electric rail transport will not only help boost the economy but it will also improve the quality of life for commuters while being environmentally-friendly,'' said Mr Anutin.

 The MRTA governor, Pakapong Sirikantaramas, said the main part of the Pink Line is scheduled to begin operating next year, while the extension is scheduled to be finished in 2024.

 Thai Airways International Plc (THAI) yesterday announced decision to dump its proportion of shareholding in low-cost carrier Nok Air among other assets to improve its cash flow.

 In its latest announcement, the ailing national flag carrier said the company is seeking permission from the Central Bankruptcy Court to sell some assets which are not necessary assets in running its operations. Among these assets are:

 1) Shares of Nok Air  2) Shares of Bangkok Aviation Fuel Services Plc.  3) Five engines of decommissioned 737-400 Boeing aircraft  4) Cabin crew training at our Laksi office.

 National oil and gas conglomerate PTT will allocate US$27 billion, around 851 billion baht, in capital spending through its subsidiaries over the next five years to support core and new businesses despite a huge decline in revenue and profit last year.

 The company has also prepared an additional budget worth $26.8 billion for other unplanned projects that offer a high level of potential and businesses related to disruptive technology, PTT's president and chief executive Auttapol Rerkpiboon

said yesterday. The company made the announcement a week after it reported its 2020 financial performance to the Stock Exchange of Thailand.

 CK Power Plc reported a full-year net profit of 405 million baht for 2020, an increase of 110.8% from 213 million baht recorded in 2019, thanks to its effective operations and maintenance management.

 For the fourth quarter of 2020, the company's net profit was 7.8 million baht, an increase of 112% compared to the same period in 2019. Revenue in the final quarter last year was 1.45 billion baht, down 31.1% from the corresponding period in 2019. Total revenue in 2020 was 7.18 billion baht, a decrease of 1.66 billion baht or 18.8% in comparison to 2019.

------

General News

 Thailand is scheduled to receive 2 vaccines today, Deputy Prime Minister and Public Health Minister Anutin Charnvirakul.

 The 1st batch of 200,000 of 2 million doses of vaccines from Sinovac will be received in the morning. The vaccine was given approval for emergency use, effective from February 22. On the same day, 200,000 doses of the Oxford- AstraZeneca will arrive in the afternoon, says Anutin.

 The shots for the 1st batch of the targeted group would start within 3 days after the arrival of the vaccines today, Prime Minister Gen Prayut Chan-o-cha announced on his Facebook page.

 Bangkok pubs and other nightlife venues can open until 23.00 hrs from today following an announcement by the Bangkok Metropolitan Administration (BMA)’s communicable disease committee’s decision to ease Covid-19 restrictions in the capital.

 Under the new directive, restaurants can serve food and alcohol until 23.00 hrs while cockfighting and fish-fighting stadiums will remain closed, says BMA spokesman Pongsakorn Kwanmuang.

 Entertainment venues, pubs and massage parlours can also open until 23.00 hrs but tables must be spaced out, with no dancing permitted.

 Gyms, fitness centre, exercise facilities can open as usual, while sports stadiums can admit a limited number of spectators.

 Banqueting and meeting rooms can also open, but authorities’ permission must be granted for gatherings of more than 300 people. Schools are allowed to open normally.

 Thailand logged 95 new Covid-19 cases and 0 fatalities, bringing its tally to 25,599 cases and 83 deaths over the past 24 hours.

Political News Headlines in Thai Media

 Prime Minister Prayut Chan-ocha said Tuesday he does not have time for Clubhouse and criticized people who like to listen to former PM Thaksin Shinawatra, calling him a criminal.

o Link- https://www.thaienquirer.com/24615/pm-says-no-time-for-clubhouse-lashes- out-at-thais-who-love-to-listen-to-criminals/

 The number of new Covid-19 cases reported in the previous 24 hours was below 100 for the fifth consecutive day on Tuesday.

o Link- https://www.thaienquirer.com/24593/fewer-than-100-new-covid-19-cases- reported-for-fifth-straight-day/

 Bangkok police have advised commuters to avoid routes around Ratchaprasong intersection from 3pm onward on Tuesday (February 23) as Ratsadon pro-democracy protesters plan to rally there at 7pm.

o Link- https://www.nationthailand.com/news/30402960

 Prime Minister Prayut Chan-o-cha told the press on Tuesday morning that he did not use the famous mobile application “Clubhouse”, adding he had no time for it.

o Link- https://www.nationthailand.com/news/30402952

 Former prime minister Thaksin Shinawatra recently joined the popular social media application “Clubhouse”, the CARE Movement announced on its Facebook page.

o Link- https://www.nationthailand.com/news/30402941

 The Chinese Embassy in Bangkok has published a video of Sinovac’s vaccine being loaded for the flight to Bangkok. Thailand’s first batch of 200,000 coronavirus vaccines is due to arrive at on Wednesday (February 24).

o Link- https://www.nationthailand.com/news/30402963

 As many as 98 people have been arrested so far this year for allegedly running online casinos, Digital Economy and Society (DES) Minister Buddhipongse Punnakanta said on Tuesday.

o Link- https://www.nationthailand.com/news/30402959

 Prime Minister Prayut Chan-o-cha on Tuesday said his administration won't use force against ethnic Karen villagers living in Phetchaburi's Kaeng Krachan National Park as past governments did.

o Link- https://www.bangkokpost.com/thailand/general/2073175/pm-government- wont-use-force-in-bang-kloi

 The Senate on Tuesday approved an amendment bill removing kratom from the narcotics list in its third reading, a step closer to households being allowed to grow up to three kratom trees each for daily use, Justice Minister Somsak Thepsutin said on Tuesday.

o Link- https://www.bangkokpost.com/thailand/general/2073135/senate-passes-bill- removing-kratom-from-narcotics-list

Economic News Headlines in Thai Media

 Thailand’s exports grew 0.35 per cent year-on-year to USD 19.7 billion in January, below the market estimate of 2.7 per cent, officials said Tuesday.

o Link- https://www.thaienquirer.com/24610/thai-exports-up-less-than-expected-in- january/

 Gulf Energy Development (GULF), one of Thailand’s top private power producers, reported fourth-quarter core profit of 1.24 billion baht, driven by revenue from its investment in Borkum Wind Farm in Germany. The results exceeded some forecasts and pushed the share price to rise 1.49 percent to 34 baht Tuesday morning.

o Link- https://www.thaienquirer.com/24588/gulf-energy-rises-1-5-percent-on-solid- q4-results-from-german-wind-farm/

 Recognition honors companies who prioritize values-based decisions within their business and their overall commitment to integrity.

o Link- https://www.nationthailand.com/news/30402977

 Now that Covid-19 vaccines are being rolled out in many countries, Malaysian-based budget carrier AirAsia sees this as a clear indicator of a global travel reboot soon.

o Link- https://www.nationthailand.com/news/30402958

 Thai Airways International Plc (THAI) has no plan to buy 30 planes within 2025, acting president Chansin Treenuchagron said on Tuesday, adding that if flight demand increases the company would look into a rental option first.

o Link- https://www.nationthailand.com/news/30402957

 The baht appreciated to 30.00 to the US dollar on Tuesday, up from Monday’s close of 30.03.

o Link- https://www.nationthailand.com/news/30402949

 The Stock Exchange of Thailand (SET) Index closed at 1,500.61 on Tuesday, up 22.47 points or 1.52 per cent. Total transactions amounted to Bt86.12 billion with an index high of 1,506.94 and a low of 1,486.18.

o Link- https://www.nationthailand.com/business/30402971

 The unemployment rate fell in the fourth quarter of 2020 from the third quarter, as an easing of Covid-19 curbs led to a revival in economic activity, but a recent rise in infections poses a risk, the state planning agency said on Tuesday.

o Link- https://www.bangkokpost.com/thailand/general/2073191/jobless-rate-dips-in- q4-but-remains-near-multi-year-high

 The Rail Department has asked the private sector to jointly invest in two rail lines — Bangkok-Khon Kaen and Laem Chabang-Thapra — for passengers and freight.

o Link- https://www.bangkokpost.com/thailand/general/2073167/private-investment- sought-for-new-train-services

 Consumer officials found a large quantity of falsely labelled monosodium glutamate products, soap and other consumer goods when they searched a factory in Lam Luk Ka district on Tuesday.

o Link- https://www.bangkokpost.com/thailand/general/2073143/fake-ajinomoto- powder-brandname-soaps-seized-in-factory-raid

 Transit flights are now being allowed through Suvarnabhumi airport and crews of visiting yachts may soon be able to complete quarantine aboard their boats, the government's Covid-19 prevention spokesman said on Tuesday.

o Link- https://www.bangkokpost.com/thailand/general/2073127/air-transit-passengers- now-welcome-yacht-quarantine-proposed

 A proposal is being prepared for Pattaya City to be designated for "area quarantine", as a safe bubble, to give the tourism sector a much needed boost, city mayor Sonthaya Khunpluem said on Tuesday.

o Link- https://www.bangkokpost.com/thailand/general/2073047/pattaya-for-area- quarantine

 The test run for the Red Line railway will commence on March 26.

o Link- https://www.bangkokpost.com/thailand/general/2073283/red-line-test-run-next- month

 Exports rose for a second straight month in January, albeit at a slow pace, edging up by 0.35% from the same month of last year after a 4.71% year-on-year surge in December 2020.

o Link- https://www.bangkokpost.com/business/2073355/exports-edge-up-for-second- month

 Although hiring activities dipped 37% during 2020, 33% of companies in Thailand now say they will increase their workforce in 2021 while 32% plan to maintain their current staffing levels, according to a survey by recruitment firm Michael Page Thailand.

o Link- https://www.bangkokpost.com/business/2073623/thai-companies-planning-to- recruit

 Hotel and property developer Dusit Thani has posted losses of Bt1.011 billion for 2020 after Covid-19 restrictions brought global tourism to a halt.

o Link- https://www.nationthailand.com/news/30402965

Issues to be watched out for

 January 25-March 31, 2021 – The implementation of the 2nd-phase of the co-payment scheme will allow registrants to start spending.

 February, 2021 – The Legal Execution Department plans to open the auction for the Dhara Dhevi Hotel next month at a price of 2.116 billion baht.

 February, 2021 – A law amendment bill that allows women with pregnancies of not more than 12 weeks to get an abortion is to take effect.

 February 21-March 7, 2021 – Insured workers under Section 33 of the social security system are allowed to register via the website www.xn--33-cti เรารักกัน.com.

 February 24, 2021 – The Fiscal Policy Office is releasing economic data for January and 1st-quarter growth prospects.

 February 24-25, 2021 – Charter amendment drafts are expected to be tabled in parliament for the 2nd reading.

 February 25, 2021 – The Bank of Thailand is announcing January’s economic reading and its 2021 GDP growth projection

 February 28, 2021 – Tentative date for municipality elections and the election of tambon administrative organizations (TAOs).

 February 28, 2021 – The current parliamentary session is scheduled to go into recess.

 March 1, 2021 – Restaurants and other eateries are allowed to serve alcoholic drinks and provide live music to their customers again until 23.00 hrs.

 March 2, 2021 – Thai Airways International Plc (THAI) is expected to submit its rehabilitation plan to the Central Bankruptcy Court.

 March 7, 2021 – A by-election in Nakhon Si Thammarat’s constituency 3 to fill in a seat left vacant due to the Constitutional Court’s disqualification of former Democrat Party MP Thepthai Senpong.

 March 8, 2021 – A hearing is set by public prosecutors for 3 core leaders of the pro- democracy Ratsadon Group and 15 others for their roles in the 19 – 20 September 2020 protests.

 March 17-18, 2021 – The parliament is expected to hold an extraordinary session to vote for charter amendment drafts in the 3rd reading and consider a bill on national referendums.

 March 22 –April 4, 2021 – The 42nd Bangkok International Motor Show is to be held in Nonthaburi’s Impact Arena, Muang Thong Thani.

 March 28, 2021 – Elections for the mayors and councilors of municipalities of all levels - tambon, muang and nakhon - throughout the country.

 March 31, 2021 – The government’s half-half co-payment scheme is set to end.

 March 31-June 30, 2021 – The deadline extension to file personal income taxes for the 2020 tax year.

 April, 2021 – Thai Airways International Plc (THAI) expects the Central Bankruptcy Court to consider its rehab blueprint for approval.

 April 2021 – The Batong Airport is scheduled to be opened after being postponed from February due to the resurgence of the Covid-19.

 April, 2021 – The central bank plans to officially implement the new rule on the rate of penalty imposed on loan defaulters in a bid to ease borrowers’ burdens and motivate them to repay their debts.

 May, 2021 – The 66th Bangkok Gems & Jewelry Fair (BGJF) Virtual Trade Fair is set to be held.  May 7, 2021 – Thai Airways International Plc (THAI) is expected to hold a creditors meeting to inspect and vote for the rehab plan.  June, 2021 – Bank for Agriculture and Agricultural Cooperatives (BAAC)’s debt holiday is due to expire.

 September 1, 2021 – The government will collect value-added tax from Netflix, Youtube, Google, Facebook as well as other e-commerce services.

Key Data

SET Index 1,500.61 +22.47

 Link - https://www.set.or.th/en/company/ipo/upcoming_ipo_set.html

Global Commodities

 Metal -Link http://www.bloomberg.com/markets/commodities/futures/metals/

 Energy -Link - http://www.bloomberg.com/energy/

 Baltic Dry Index (BDI)-Link - http://www.bloomberg.com/quote/BDIY:IND

Global Equity Market’s Movements

 Link - http://www.bloomberg.com/markets/stocks/world-indexes/asia-pacific/

Asian Equity Markets Movement

 Link - http://www.bloomberg.com/markets/stocks/world-indexes/

Information on February 23, 2021

Buying, Selling or Transfer of shares by Owners/Management

Stock Code Volume Value Action

ASEFA 60,000 4.5 Purchase ASEFA 40,000 4.4 Purchase ASEFA 20,000 4.42 Purchase ASEFA 8,500 4.38 Purchase SAAM 10,000 1.22 Purchase SAAM 19,000 1.22 Purchase SITHAI 78,800 0.62 Purchase SUSCO 200,000 2.87 Purchase

XD, XE or XM or other notifications

For list of Companies that have dividend payment and AGM meeting schedules click on http://www.set.or.th/set/calendarofevents.do

Trading Breakdown on the Stock Exchange of Thailand

Daily as of 23 Feb 2021 Unit: M.Baht Investor Type Buy Sell Net Value % Value % Value % Local Institutions 7,020.24 8.15 6,991.86 8.12 28.38 - Proprietary 8,428.20 9.79 8,933.03 10.37 -504.83 - Trading Foreign Investors 33,565.14 38.97 31,987.62 37.14 1,577.52 - Local Individuals 37,112.53 43.09 38,213.60 44.37 -1,101.07 -

Monthly Cumulative between 1 - 23 Feb 2021 Unit: M.Baht Investor Type Buy Sell Net Value % Value % Value % Local Institutions 101,655.55 7.18 115,111.20 8.13 -13,455.65 - Proprietary 139,630.30 9.87 138,017.65 9.75 1,612.65 - Trading Foreign Investors 510,312.94 36.06 519,121.97 36.68 -8,809.03 - Local Individuals 663,519.45 46.89 642,867.42 45.43 20,652.03 - Yearly Cumulative since 1 Jan - 23 Feb 2021 Unit: M.Baht Investor Type Buy Sell Net Value % Value % Value % Local Institutions 255,586.96 7.55 285,067.36 8.42 -29,480.39 - Proprietary 355,907.32 10.51 355,235.47 10.49 671.85 - Trading Foreign Investors 1,196,692.44 35.33 1,216,404.42 35.92 -19,711.99 - Local Individuals 1,578,615.40 46.61 1,530,094.87 45.18 48,520.53 -

Total Trading Value 86,126.12 Million Baht

Background Information –

The strength of each party in the Thai Parliament as of May 8, 2019 as per the report by the Election Commission of Thailand. Elections took place on March 24, 2019

 https://www.ect.go.th/ect_th/news_all.php?cid=24

 List of MPs - https://www.ect.go.th/ect_th/download/article/article_20190508184334.pdf

Information provided here is copyright of ThaiNews Corp and no part maybe reproduced in any form without the prior written permission. The opinions expressed are only those of the writer’s and is analysed based on the situation.