September 3, 2020

Thai Enquirer Summary

Political News

 On the abrupt resignation of Predee Daochai as finance minister on Tuesday (September 1) followed by embattled Prime Minister Gen Prayut Chan-o-cha’s swift attempt to fix the problem in order to restore investor confidence in his government by approaching a number of leading economists and economic experts.

 There is a report that Pailin Chuchottaworn, a former deputy transport minister in Gen Prayut’s previous cabinet and former CEO and president of PTT Plc, has come out to tell reporters that he is not among candidates tipped to lead the finance portfolio, according to a source with Government House.

 What is interesting is that there are reports that Deputy Finance Minister Santi Prompat offering to take over the finance portfolio while Gen Prayut is seeking to find suitable candidates. It is reported that Santi said that a new finance minister must be someone who understand Thailand’s and global economic conditions. Santi reportedly said that person must understand weak and strong points of the country’s economy and can start working at the ministry without having to do any study on the finance ministry.

 Santi said he is someone who has extensive experience at the ministry, citing his working experience with 2 former finance ministers and deputy prime minister in charge of economic affairs. Moreover, he has the ability to work under pressure during the past 1 year. He also has experience at the helm of the transport ministry and the social development and human security portfolio.

 Santi, however, said the decision rests with Gen Prayut and his deputy Gen Prawit Wongsuwan to decide. He said he is ready to head the finance portfolio if the Prime Minister trusts him to do so.

 “I’m ready to move this country forward,” Santi said. “I was the transport and social development minister in the past, so I believe I have the expertise and immunity against the work pressure.”

 There are reports that Santi’s chance to the helm at the finance portfolio is high as he is said to receive full backing of Gen Prawit who prefers Santi due to his experience. It is likely that deputy labour minister Narumon Pinyosinwat will be transferred to the finance portfolio as deputy finance minister. If this is to be the case, the new formula will certainly affect the Phalang Pracharat Party’s deputy ministerial quotas.

 Upon the rumour of conflict inside the finance portfolio, Gen Prayut has come out to dismiss rumours that his economy minister resigned out of his disillusionment with nepotism, chronic incompetence, and a mess of internal politics.

 The Prime Minister insisted that Predee resigned due to health reasons and confirmed that the abrupt departure will not affect the government’s efforts to pull Thai economy back towards recovery amid the coronavirus pandemic.

 The spokesman of the opposition Puea Thai Party said he did not believe that Predee’s departure was caused by his personal illness, but rather because he was sick of the system or his colleagues.

 “Health problems alone should not be enough to lead to the resignation,” Anusorn Iamsa-ard said. “Maybe it’s because the conflict over the appointment of the new chief of the Excise Department, the conflict over the restructuring of state enterprises, or the conflict over his attempt to reorganize ministerial procurements.”

 As for the reaction from the private sector, leaders of the private sector yesterday (September 2) called on the government to appoint a new finance minister as soon as possible, following Predee’s resignation from the post early this week.

 Federation of Thai Industries (FTI) chairman Supant Mongkolsuthree said a new minister should be appointed by the end of this month at the latest as this ministry is the key factor in driving the economy.

 Thai Chamber of Commerce chairman Kalin Sarasin offered an optimistic view as he said Predee’s resignation will not affect private sector confidence.

 Meanwhile, at the parliament, 7 small coalition parties led by Pichet Sathirachawal, Prachathamthai Party leader and Thai Civilised Party leader Mongkolkit Suksintharanont issued a statement calling on Gen Prayut to take over the finance ministry so that he can look after the economic and financial aspects that deal with Thai people’s lives.

 The bloc also proposed that Deputy Prime Minister Gen Prawit Wongsuwan to double as defence minister to ease Gen Prayut’s burden to allow the country to move forward and bolster foreign investors’ confidence.

 Rumour has it that outgoing police chief Pol Gen Chakthip Chaijinda looks set to run in the Bangkok governor election after his mandatory retirement.

 Rumours which have been swirled around for quite some time were confirmed yesterday (September 2) during a major meeting of the committee scrutinising

and following up on police management in Bangkok chaired by Pol Gen Chakthip.

 During the meeting held to honour Pol Gen Chakthip prior to his retirement, the confirmation came through an emcee’s announcement that the national police chief will contest the Bangkok gubernatorial election, claiming that he received a confirmation from Gen Chakthip himself.

 Separately, the Royal Thai Police (RTP) announced that it will take legal action against 21 police officers allegedly found guilty of mishandling the fatal hit-and-run case of Red Bull scion Vorayuth Yoovidhya, saying they accept Vicha Mahakun’s report.

 The police had found more evidence against the 21 police officers named in addition to that uncovered by Vicha’s fact-finding panel, they said. Further details were unavailable.

 Prayut’s twin daughters Thanya and Nittha Chan-o-cha came out to defend themselves against claims on social media.

 Their clarifications are:

 Claim 1: They have adopted their mother’s original family name in order to facilitate illegal activities, such as money laundering and applying for visas in preparation for fleeing the country.

 Response: They have never changed their family name, Chan-o-cha, which they have been using since they were born.

 Claim 2: They have never lived in Thailand.

 Response: They have been living in Thailand continuously, like any ordinary Thai citizens.

 Claim 3: They failed a university entrance examination to study for a Master’s Degree and the rector was “persuaded” to accept them.

 Response: They have never studied for an MA and completed secondary education, with average scores of 4.00 and 3.96 respectively, and both graduated with a BA from the Faculty of Communications at Chulalongkorn University with second-class honours.

 Claim 4: They live a luxurious lifestyle in a mansion in England, purchased by a Thai tycoon.

 Response: They have never spent much time in England or any foreign county and have never lived in a mansion. The last time they visited England was in 2016 on a tourist visa and stayed in a hotel.

 Claim 5: They have a foreign bank account for their allegedly laundered money.

 Response: They have never held a foreign bank account, only Thai bank accounts.

 Claim 6: Their father, the Prime Minister, transferred ill-gotten money into their bank account for laundering purposes.

 Response: Their father has been transferring money into their bank since 2013, but there is no secret about this because all the transactions have been declared to Thailand’s National Anti-Corruption Commission (NACC). The money came from the sale of land owned by their grandfather, Colonel Praphat Chan-o-cha, which was inherited by the family over 50 years ago.

 Claim 7: There is a possibly strange reason why their images never appear on social media or in their friends’ posts.

 Response: They say that they do not have social media accounts and their friends respect their privacy.

 Claim 8: They do not appear in public, like the children of some other politicians and former Prime Ministers.  Response –They live normal lives like other Thai people, and do not want to raise their profile, to avoid being treated as privileged or receive ill- gotten gains.

 On protest news, leaders of the Free People Group Parit “Penguin” Chiwarak and Panupong “Mike” Chadnok yesterday (September 2) held a symbolic activity in front of gate 1 of Government House demanding the government to delay the construction of dam reservoir Muang Takua.

 At 13.00 hrs yesterday, Parit and Panupong led a group of Free Youth supporters to hold a “pao prik and pao kluea” ceremony (Burn chilli and salt) to expel the government from office and those who eat Thailand alive.

 More rallies led by network of the Free People Group were held in different locations in the country.

 At 17.00 hrs, a rally was held by the group called “Payom Kao” (Cool Payom) under the campaign “Rangsit disobedient to dictatorship” at Phra Sri Satsada Golden Pavilion in Rangsit University.

 During the rally, Chai-amorn “Amy” Kaewwiboonpan, lead singer of the Bottom Blues Band, praised red shirt United front for Democracy against Dictatorship (UDD) supporters for sacrifice their blood and lives to bring back democracy.

 The group reiterated the Free People Group’s stance against any military coup and a national government as well as reiterated demands for:

 1) An end to intimidation to individuals;  2) Dissolution of the House;  3) A new constitution.

 A rally was held at 18.30 hrs at the Prince of Songkla University Pattani Campus under the theme “Tani will not tolerate”, as the campaign to express political views against dictatorship. politicians and activists such as Pannika Wanich, leader of the Progressive Movement, former Democrat Party politician Parit “Itim” Wacharasindhu and iLaw manager Yingcheep Atchanont delivered their speeches at the forum called “Campaign for 2017 Charter (must be amended) held in conjunction with the rally.

Economic News

 The Centre for the Administration of the Economic Situation Affected by Covid-19’s meeting yesterday (September 2) approved 2 economic stimulus measures proposed by the Finance Ministry, Danucha Pichayanan, deputy secretary-general of the Office of the National Economic and Social Development Council (NESDC), announced.

 The 2 measures are:

 1) A 45-billion-baht budget to finance 3,000-baht cash handouts to 15 million people affected by the economic fallout caused by Covid-19, which is expected to inject a cash flow of about 90 billion baht in the economy and boost domestic consumption. The government plans to give 3,000-baht cash handouts to people to buy consumer goods. They are required to register for the cash and the money will be transferred through the Pao Tang app’s G-wallet app, similar to the Chim Shop Chai (taste-shop-spend) relief scheme. The cash handouts are intended to ease the burden of rising living costs, boost domestic consumption and help more than 80,000 small entrepreneurs, street vendors and hawkers. This measure is expected to stimulate cash flow of about 90 billion baht in the economy and boost the economy by 0.25%.

 2) A 23.47-billion-baht budget to hire new graduates proposed by the Labour Ministry. Under the budget, 260,000 new graduates nationwide are expected to be hired for 12 months, from October 1 this year to September 30, 2021, with the government paying 50 per cent of their

monthly salary based on their highest education level but not exceeding 7,500 baht per person.

 Prime Minister Gen Prayut Chan-o-cha reportedly invited leaders and executives of the real estate industry and related-industries for a meeting with him today (September 3) to brainstorm ideas on the country’s development promotion and economic stimulus plans.

 Among those invited are leaders of various property associations, high-level executives of major property firms such as Land and Houses, AP Thailand, Pruksa Holding, Supalai, Golden Land Residence, Sansiri, Charn Issara Development, etc.

 A report said Pornnarit Chuanchaisit, president of the Thai Real Estate Association, plans to make a number of proposals including mergers and acquisitions to find co-investors, a measure to help small-scale property operators to find access to financial sources.

 Pornnarit also floated the idea of the “Thailand Best Second Home” campaign to attract foreigners to enter the Thai property market in a bid to help the property sector deplete a large number of residential projects, citing Thailand’s success in controlling COVID-19.

 Analysts have warned that a selloff in the baht, underperforming stocks and pressure on the bond market reflect growing concern from global investors over political instability and the growth outlook in Thailand’s economy.

 The warning came after the government is facing a student protest movement which is gathering momentum and disruption to its policy agenda by the surprise resignation of Finance Minister Predee Daochai on Tuesday, after less than a month in the job.

 “I think no other country has these two or three problems going on at the same time, as if the Covid-19 situation isn’t bad enough," said OCBC Bank economist Howie Lee.

 The baht fell and has dropped about 0.6 per cent on the dollar since Tuesday (September 1) on the news, its steepest 2-day slide in about two weeks. It now sits where it traded in June despite a slide in the greenback over the past few months.

 Thailand’s benchmark stock index is down 17 per cent for the year, having suffered foreign outflows in every month till August - lagging a 5 per cent gain in Asian markets.

 “The only foreigners left in Thai equities really are the passive investors, the ETFs and the funds which track the index. The active managers are gone,” said Jeep Chatikavanij, founder of the Ton Poh Fund which manages $150 million.

 The State Railway of Thailand (SRT)’s proposal for the investment of 273-billion-baht double-track projects hit a snag after the National Economic and Social Development Council (NESDC) ordered the agency to review the project, citing the Covid-19 fallout triggered mounting public debt and big changes in logistics and transportation.

 The SRT will now study 7 projects, headed by the Khon Kaen-Nong Khai link in the Northeast, Sorapong Paitoonphong, director-general of the Department of Rail Transport, said after meeting with senior officials yesterday (September 2)

 The SRT needs to review phase 2 of all the double-track railway projects as it has to assess economic returns amid rising public debt.

 The review is expected to begin next month and conclude within 3 months before being sent to the Transport Ministry.

 Stocks from rubber industry companies, such as Sri Trang Argo (STA), Thai Rubber Latex Group (TRUBB) and North East Rubber (NER), surged simultaneously on Wednesday’s trade due to an increase in the price of rubber.

 The Rubber Authority of Thailand (RAOT) revealed that the price of rubber continued to move up until it surpassed 60 baht/kg on Tuesday, which is its highest reach in three years.

 The ribbed smoked sheets (RSS) surged in accordance with domestic demand in the trade term. The highest price of 60.05 baht/kg was recorded in the Songkhla, Suratthani and Nakhon Sri Thammarat rubber markets.

 The impact and effects of COVID-19 are being felt by Central Retail Corporation Plc (CRC) as the company CEO Nicolo Galante announced that the company decided to delay expansion plans in Europe.

 However, the company will press on with investment expansion in Thailand and Vietnam this year with a budget of 24 billion baht allocated earlier, CRC CEO said.  The company plans to open 180 new stores across Thailand and Vietnam including Robinson Department Store, Robinson Lifestyle Centre, Thai Watsadu and hypermarkets under the brand “Go” in Vietnam this year.

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General News

 Thailand logged 8 new COVID-19 cases in the past 24 hours, all among arrivals who are in state quarantine.

 The new infections include an American family, both parents and their two children, aged 13 and 15, who arrived in Thailand from the US on August 19 and entered quarantine in Samut Prakan province. They were tested positive on

August 31 although asymptomatic, according to the Center for COVID-19 Situation Administration (CCSA).

 A 34-year old Thai maid and a 36-year old Thai woman, who returned from the United States on August 27 and entered state quarantine in Chon Buri province, were asymptomatic, but tested positive for the virus on August 31.

 Another new infection is a 27-year Thai student, arriving from Australia on August 24 and in state quarantine in Chon Buri province.

 The last case is a 29-year old Thai woman, who arrived in Thailand from Japan on August 28. She tested positive 3 days after entering quarantine in Chon Buri province.

 Cumulative infections in Thailand, to date, are 3,425, with 3,274 recoveries and 58 deaths. 93 others are still being treated in hospital.

Political News Headlines in Thai Media

 The government is running out of good people to work with. The hostile takeover of the Palang Pracharath Party (PPRP) by General Prawit Wongsuwan is beginning to backfire.

o Link- https://www.thaienquirer.com/17870/opinion-we-cant-really-blame-predee-no- one-wants-to-work-with-prawit/

 Hundreds of student protesters held rallies in Bangkok and Pattani late Wednesday as student leaders called for renewed protests in September.

o Link- https://www.thaienquirer.com/17895/students-rally-in-bangkok-and-pattani-as- leaders-call-for-renewed-protests/

 Finance Minister Predee Daochai’s shock resignation on Tuesday was the result of internal political conflicts within the cabinet over staff appointments, multiple sources told Thai Enquirer.

o Link- https://www.thaienquirer.com/17843/finance-minister-resigned-because-of- internal-politics-staff-appointments/

 At the height of Zhang Yimou’s great masterpiece To Live, the cultural revolution is well underway. Academics and professionals are being hounded and hunted by Mao Zedong’s Red Guards, who are mostly comprised of school and university children taking up banners and arms en masse.

o Link- https://www.thaienquirer.com/17848/opinion-the-students-must-resist-all- urges-towards-militancy-and-learn-from-the-past/

 A simmering feud in the House committee on anti-corruption finally boiled over today when Palang Pracharath Party MP Sira Jenjaka quit after falling out with the panel’s chairman, Pol Gen Sereepisuth Temeeyaves, leader of the Seri Ruam Thai Party.

o Link- https://www.nationthailand.com/news/30393916?utm_source=category&utm_mediu m=internal_referral

 A prominent pro-democracy activist burned images of Prime Minister Prayut Chan-o- cha, Deputy PM Prawit Wongsuwan and Army chief Apirat Kongsompong as he visited a police station

o Link- https://www.nationthailand.com/news/30393912?utm_source=category&utm_mediu m=internal_referral

 Warong Dechgitvigrom, leader of the royalist Thai Phakdee (Loyal Thai) group, denied that the 15-year-old who posted a message on Facebook Live encouraging dictatorship was a member of his group.

o Link- https://www.nationthailand.com/news/30393901?utm_source=category&utm_mediu m=internal_referral

 Prime Minister Prayut Chan-o-cha’s twin daughters, Ms. Tunya and Ms. Nittha, have defended themselves against accusations currently being discussed on social media.

o Link- https://www.thaipbsworld.com/thai-pms-twin-daughters-defend-themselves- against-online-accusations/

 The Royal Thai Police (RTP) will take legal action against 21 police officers allegedly found guilty of mishandling the fatal hit-and-run case of Red Bull scion Vorayuth Yoovidhya, saying they accept Vicha Mahakun's report.

o Link- https://www.bangkokpost.com/thailand/general/1978843/rtp-eyes-accused- cops-in-boss-case

Economic News Headlines in Thai Media

 The newly formed Center for Economic Situation Administration (CESA) has announced plans to reinforce previous stimulus measures while failing to move forward with the Phuket Model on Wednesday.

o Link- https://www.thaienquirer.com/17882/cesa-fails-to-come-up-with-phuket- model-but-approve-measures-worth-68-billion-baht-instead/

 Stocks from rubber industry companies, such as Sri Trang Argo (STA), Thai Rubber Latex Group (TRUBB) and North East Rubber (NER), surged simultaneously on Wednesday’s trade due to an increase in the price of rubber.

o Link- https://www.thaienquirer.com/17891/rubber-industry-stocks-hike-upward-as- rubber-price-soars/

 Prime Minister Prayut Chan-o-cha told the press on Wednesday (September 2) that Finance Minister Predee Daochai’s resignation will not affect the economy.

o Link- https://www.nationthailand.com/news/30393903?utm_source=category&utm_mediu m=internal_referral

 Thailand’s Deputy Finance Minister, Santi Prompat, is confident that he has the expertise and experience to be the next Minister of Finance, if Prime Minister Prayut Chan-o-cha wants him to take the post, vacated by the sudden resignation of Pridi Daochai.

o Link- https://www.thaipbsworld.com/santi-prompat-ready-to-be-thailands-new- finance-minister/

 Now former finance minister Predee Daochai, in an exclusive interview, told Bangkokbiznews, under The Nation group, that his decision to resign was based on his health.

o Link- https://www.nationthailand.com/news/30393894?utm_source=category&utm_mediu m=internal_referral

 Top construction firm, CH Karnchang has bought back Bt674.40 million worth of shares at the average cost of Bt18.7 per share for financial management.

o Link- https://www.nationthailand.com/business/30393908?utm_source=category&utm_me dium=internal_referral

 The finance minister's resignation will not affect investor confidence much as external factors outweigh domestic politics, says the Stock Exchange of Thailand (SET).

o Link- https://www.bangkokpost.com/business/1978927/predees-resignation-will-not- affect-confidence-says-set

 SET-listed Central Retail Corporation (CRC), the retail arm of Central Group and the country's biggest mall operator, is starting a monthly mega-sales campaign as the pandemic saps spending power.

o Link- https://www.bangkokpost.com/business/1978955/crc-unveils-monthly-mega- sales

 Gulf Energy Development is targeting annual revenue of Bt150 billion to Bt170 billion by 2027, said its chief financial officer Yupapin Wangviwat.

o Link- https://www.nationthailand.com/business/30393923?utm_source=category&utm_me dium=internal_referral

 Siam Cement Group Packaging's initial public offering (IPO) is looking to raise 50% more than a previously targeted $1 billion, boosted by higher valuations, sources with knowledge of the matter said.

o Link- https://www.bangkokpost.com/business/1978791/siam-cement-leads-se-asian- firms-eyeing-oct-ipos

Issues to be watched out for

 September, 2020 - The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is planning to hire a consultancy to conduct an in-depth analysis on pros and cons of the highly controversial Comprehensive and Progressive Agreement for Trans- Pacific Partnership (CPTPP) in a bid to renew its call for the government to join the pact next year.  September 2020 – Recruitment of new board members of the National Broadcasting and Telecommunication Commission (NBTC) is set to kick off.

 September 8, 2020 - The Central Criminal Court for Corruption and Misconduct Cases set for a hearing to decide whether to accept a lawsuit filed against national police chief Pol Gen Chakthip Chaijinda brought by his deputy Pol Gen Wirachai Songmetta.

 September 9-10, 2020 – A general debate without a vote under Section 152 is expected to be held in the parliament.

 September 10, 2020 – The parliament is set to discuss the issue of the ‘study’ of amending the constitution.

 September 16-18, 2020 – The 3.3-trillion-baht budget for Fiscal Year 2021 proposed by the government is expected to be tabled in parliament.

 September 19, 2020 – Thammasat University plans to hold their major rally.

 September 19, 2020 – The 14th anniversary of the coup that ousted Thaksin Shinawatra in 2006.

 September 21, 2020 – The National Economic and Social Development Council (NESDC, formerly known as the National Economic and Social Development Board or NESDB) is to revise the 20-year national strategy at an annual meeting to respond to the COVID-19 crisis.

 Sept 23 and 24, 2020 – members of parliament will meet to consider a motion seeking to amend the constitution at its first reading.

 September 30, 2020 – The Stock Exchange of Thailand (SET) is set to extend the revised equity short-selling regulations from June 30 to September 30 as stock market volatility remains high in the wake of the Covid-19 pandemic.

 September 30, 2020 – The government is expected to lift lockdown restrictions imposed under the emergency decree.

 October, 2020 – The bidding for construction and operation for the 140-billion-baht Orange Line western extension linking the Thailand Cultural Centre with Bang Khun Non.

 October, 2020 – The Thailand Grand Prix was rescheduled after being postponed due to the coronavirus outbreak.

 October 27, 2020 – The Central Bankruptcy Court is set for first hearings for Nok Airlines regarding the rehabilitation process.

Key Data

SET Index 1,315.88 +10.31

 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 September 2, 2020

Buying, Selling or Transfer of shares by Owners/Management

Stock Code Volume Value Action

APP 100,000 2.34 Sale BTS 229,400 10.5 Purchase CHARAN 50,000 - Transfer ECL 10,000 0.11 Sale EP 200,000 3.63 Purchase HTC 10,000 26.62 Purchase MINT 1,370,000 0.91 Sale Acceptance of NEP 3,166,666 0.25 Transfer OSP 500,000 39.75 Purchase OSP 20,000 38.62 Purchase PRIME 500,000 0.56 Sale S11 1,555 6.35 Purchase S11 1,449 6.35 Purchase S11 2,326 6.35 Purchase S11 4,013 6.35 Purchase SKN 3,000 2.4 Purchase SKN 38,000 2.42 Purchase STGT 25,000 67.55 Purchase STGT 4,000 66.63 Purchase STGT 40,000 67.12 Purchase SUN 12,600 2.82 Purchase SUSCO 500,000 2.66 Purchase SUSCO 400,000 2.67 Purchase SUSCO 100,000 2.64 Purchase SYNTEC 300,000 1.48 Purchase TFMAMA 100 196 Purchase TU 100,000 13.8 Purchase TSR 40,000 2.68 Purchase UTP 31,000 14.1 Purchase KUN 100,000 0.9 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 2 Sep 2020 Unit: M.Baht Investor Type Buy Sell Net Value % Value % Value % Local Institutions 3,831.93 8.77 3,439.43 7.87 392.5 - Proprietary 5,644.61 12.92 5,363.45 12.28 281.16 - Trading Foreign Investors 16,164.31 37 17,442.81 39.93 -1,278.51 - Local Individuals 18,041.37 41.3 17,436.52 39.92 604.85 - Monthly Cumulative between 1 - 2 Sep 2020 Unit: M.Baht Investor Type Buy Sell Net Value % Value % Value % Local Institutions 8,758.84 9.49 9,727.91 10.54 -969.07 - Proprietary 11,593.24 12.56 11,278.99 12.22 314.25 - Trading Foreign Investors 33,642.03 36.44 36,411.04 39.44 -2,769.01 - Local Individuals 38,323.68 41.51 34,899.85 37.8 3,423.83 - Yearly Cumulative since 1 Jan - 2 Sep 2020 Unit: M.Baht Investor Type Buy Sell Net Value % Value % Value % Local Institutions 1,193,312.09 11.08 1,113,234.36 10.33 80,077.73 - Proprietary 1,103,241.57 10.24 1,102,942.68 10.24 298.89 - Trading Foreign Investors 3,773,686.96 35.02 4,030,940.66 37.41 - - 257,253.70 Local Individuals 4,704,537.08 43.66 4,527,660.00 42.02 176,877.08 -

Total Trading Value 43,682.22 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

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