October 19, 2020

Thai Enquirer Summary

Political News

The protest against the government of embattled Prime Minister Prayut Chan-o-cha has

intensified to a degree that it is likely to be impossible for him to dig himself out of this

hole.

The watershed moment was on Friday evening when high powered watercannons

were used to disperse the protestors around Siam Paragon area.

The move by the government to use excessive force to control the situation is likely to

have an impact on the capital markets which are set to open today

To read more details see the ‘Economic News’ section of our News Summary.

The crackdown on the protestors on Friday evening prompted more than just a

resentment against the current regime but it also triggered the coalition partners to come

out with statements yesterday (Sunday)

Parliament Speaker (President) Chuan Leekpai has come out to say that

Today at 09:00 hrs he would call for a meeting with all parties to find a way out

for the country

He said that all sides should be ready for a possible ‘emergency’

convening of the parliament. The parliament is formally set to convene on

November 1

Democrat party’s incumbent leader - Jurin Laksanawisit, came out to say that the

government should take the lead to find a way out of this situation

Chuan will call an internal meeting with leaders of all political parties

today (October 19) to discuss on whether an extraordinary House session

is needed. Initially, Chuan said he had ordered authorities to prepare for an

extraordinary House session. However, Chuan said he had yet to receive

any requests from any parliamentarians. He said he had no authority to

call an extraordinary House session himself unless the government or

lawmakers submit a petition calling for an extraordinary session

Deputy Prime Minister and Commerce Minister Jurin, speaking as the

Democrat Party leader, supported the idea of resolving the current political

crisis through parliament. The party wants the government to take the

initiative in requesting a joint House-Senate sitting for a general debate

without a vote under Section 165. Jurin said the parliament can speed up

the charter amendment process in the 1st reading without setting any

conditions that made society believe that the government is trying to buy

time.

Bhumjaithai leader Anutin Charnvirakul is adamant that his party supports an

amendment to Section 256 of the constitution as the first step to pave the way for

the formation of a new charter drafting assembly (CDA) to allow the people to

take part in the rewriting of the whole charter and leave the first 2 chapters of the

constitution untouched.

Meanwhile, the opposition Pheu Thai Party supports a call for an extraordinary

parliamentary session to discuss the political conflict, says Pheu Thai’s secretary-

general Prasert Chanruagnthong but noted that some coalition parties showed

resistance against the idea.

Prasert said Chuan had contacted his party for its core leaders to convene

an internal meeting with leaders of the coalition parties and

parliamentarians at Parliament to discuss the political conflict today

(October 19).

Prasert insisted that Pheu Thai remains firm with its calls for 1) embattled

Prime Minister Gen Prayut Chan-o-cha to scrap the state of emergency to

deal with protesters in Bangkok and 2) the government to release protest

leaders who had been detained.

Pheu Thai plans to send Prasert and Somkid Chueakhong, a deputy

opposition whip and Pheu Thai MP, to attend the planned talk at

Parliament today.

Lt Gen Paradon Pattanathaboot, secretary of Pheu Thai’s committee on

special affairs, called on the coalition parties to withdraw from the

government as soon as possible if they wished to be forgiven by the

younger generation.

The former deputy secretary-general of the National Security Council

(NSC) warned that the coalition parties will have to be held accountable

for the government’s decision to impose the emergency law.

While all this haggling among politicians continues, students have continued to go out in

droves all across the country not just in Bangkok.

The weekend saw protest continue with

State official numbers for the protest on

Saturday being around 15,000

Sunday being around 25,000

One should remember that the official numbers are usually half or 1/3 of the

actual numbers

Protest were held all across the country not just in Bangkok

1. Chiang Mai

2. Nakorn Pathom

3. Nothaburi

4. Khon Kaen

5. Samut Prakarn

6. Pathum Thani

7. Kamphaengphet

8. Rayong

9. Saraburi

10. Singburi

11. Suphanburi

12. Prachinburi

13. Yasothorn

14. Phuket

15. Udon Thani

16. Nakhon Ratchasima

17. Sisaket

18. Chonburi

19. Songkla

20. Kalasin

21. Samut Sakhon

22. Chachoengsao

23. Chanthaburi

The Free Youth group and the United Front of Thammasat and Demonstration (UFTD)

said they believed that the Digital Economy and Society (DES) Ministry would soon

close their websites in an attempt to block their communication channels. The 2 groups

told protesters to use encrypted messaging service Telegram instead.

Following the announcement, the UFTD and Free Youth reported that 50,000

people had signed up to use Telegram within 1 hour. Telegram allows users to

exchange encrypted text messages, photos and videos, and also create “channels”.

For as many as 200,000 people.

Reports are already emerging that ‘Declaration of a Serious Emergency Situation in

Bangkok’ has given the authorities the right to close many media outlet’s online platform

such as Facebook and/or Twitter. The authenticity of the document is still being

questioned.

Among the media named in a letter that is circulating this morning on Social

Media are

The Standard (vernacular Thai language online platform)

The Reporter (another vernacular Thai language online platform)

Prachathai (a mostly Thai language but also some English content portal)

Voice TV (another Thai language online platform backed by the

Shinawatra family)

FreeYouth movement’s online platform

o Free Youth is the loose alliance of the student leaders that are

reportedly the leaders of the current ongoing protest movement.

Pheu Thai’s call for Gen Prayut to scrap the emergency law is in line with legal experts.

The Internet Dialogue on Law Reform (iLaw) announced a petition by 452 legal

experts who signed their names to oppose the imposition of the serious state of

emergency. The group of legal experts also opposed the use of the emergency

law to disperse the protest and called for authorities to unconditionally release

pro-democracy activists and drop charges of causing harm to Her Majesty the

Queen which they perceived to be too severe.

Meanwhile Deputy Prime Minister Gen Prawit Wongsuwan, as leader of the Phalang

Pracharat Party (PPRP), came out to announce the party’s stand to protect a democratic

system under the Monarchy. He stressed that the PPRP is adamant with its role to protect

the nation, religions and the Monarchy.

The party is committed to the push for constitutional amendments through

parliamentary mechanisms without touching the constitution’s chapters 1 and 2

which contain general principles and sections associated with the Monarchy.

Dr Thossaporn Sereerak, a former MP candidate of the Pheu Thai Party and a close aide

of former prime minister Yingluck Shinawatra, reportedly travelled to the Pathumwan

Police Station at 16.00 hrs yesterday (October 18) to answer the police’s charge for

defying the severe state of emergency law.

The charge was brought against Thossaporn by Pathumwan Police after he

attended the pro-democracy rally in Ratchaprasong Intersection on October 15.

Pathumwan Police brought the charge against Thossaporn along with Chinawat

Chankrachang, key leader of a Youth group in Nonthaburi, Atthaphol Buapat,

leader of the Free People group in the northeast, and Panupong “Mike Rayong”

Jadnok with the same charge for defying the state of emergency.

Economic News

The crackdown on Friday is likely to have an impact on the investor’s sentiments and

expectations are that the current standoff in Thailand is likely to continue for a few

months ahead.

This is likely to keep investors at bay and may even scare some investors who are

already invested in the market as fears of possible bloodshed in this protest starts

to rise.

The good news though is that the bond markets opened flat this morning with

yields remaining stable

The Thai baht opened slightly weaker

It yet to be seen what the Stock Exchange of Thailand (SET) is going to react

Industry bodies have come out to say that they want the government to look at ways of

resolving the current problems in the country before looking at any more stimulus or

other measures.

The various industry bodies have come out to warn the government not to impose

‘curfew’ in order to control the crowd because that could kill the already ailing

economy which is already suffering from mismanagement and the impact of the

coronavirus (Covid-19) impact.

Business leaders came out to echo their views on the government’s decision to disperse

the anti-government rallies during the weekend in which they said caused jitters among

local and foreign investors.

Kalin Sarasin, chairman of the Thai Chamber of Commerce, sees foreign

investment fleeing to Vietnam in the wake of current political crisis. He warned

that rallies that spread across various business locations would have a severe

impact on the Thai economy. He says what worries him most is the possibility of

“third hands”, warning that Thailand could lose business opportunities in many

aspects as Thailand’s political instability dampen confidence among foreign

investors.

Sanan Angubolkul, also a vice-chairman of the Thai Chamber of Commerce, said

the chaotic scene of protesters clashing with authorities, dimmed hopes that the

Thai economy will be on course to a recovery from October after the government

eased lockdown restrictions to allow economic activities to resume.

Sanan said he feared that prolonged rallies would push foreign investment

flows out of Thailand and move to Vietnam in a medium-term.

Tanit Sorat, chairman of the Employers’ Confederation of Thai Trade and

Industry (EconThai), concurred with Sanan and warned that although the current

political crisis might not be the factor that have a direct impact on foreign

investors’ decision to relocate their production bases. The crisis is a determining

factor for investors to decide to relocate to neighbouring countries.

Finance Minister Arkhom Termpittayapaisith, voiced confidence that Thailand’s gross

domestic product (GDP) that is forecast to contract 7.5 per cent this year will see growth

of 4-5 per cent next year.

During his speech to the 102nd

meeting of the World Bank Development

Committee Plenary through video conference, Arkhom highlighted the

government’s economic reforms and policies to sustain long-term economic

growth to benefit the country’s GDP growth. He praised the Centre for Covid-19

Situation Administration (CCSA) for its success in curbing the spread of the

COVID-19 to allow the economy to move forward and the economic situation

administration centre that takes care of revving up economic growth.

This week, Arkhom is set to meet with the State Enterprise Policy Office (Sepo)

to discuss disbursement of investment budget for state-owned enterprises (SOEs),

says Sepo director-general Prapas Kong-Ied.

The Sepo plans to seek approval from the ministry to raise SOEs disbursed

investment budget for Fiscal Year 2021 to more than the original proposed budget

of 291 billion baht to drive forward the economy and boost the employment rate.

Earnings prediction for a combined profit of listed firms in the third quarter of 2020 is

expected at 95.6 billion baht, up mere 5 per cent from the previous quarter or a 45 per

cent drop from the same period of last year, according to a Bloomberg consensus that

surveyed 111 listed firms, accounting for 71 per cent of total market cap (on October 15).

Apichart Phubancherdkul, head of strategy research at Tisco Securities, said the

downward profit forecast was attributed to domestic political turbulence that put

pressure on the Stock Exchange of Thailand (SET), triggering continuous foreign

net outflows from Thailand. Shares of the hospitality, tourism, airline and airport

sectors registered continuous losses because of the pandemic and effects

compared with last year’s corresponding period.

The SET index tumbled 2 per cent during the past 3 trading days; foreign

investors were the net-sellers of 4 billion baht worth of Thai shares.

The Employers' Confederation of Thai Trade and Industry (EconThai) expects the

country's employment to continue slowing until the first quarter of 2021.

The dim prospect is the result of the far-reaching impact of the coronavirus

pandemic, which has crippled the global economy and limited Thailand's capacity

utilisation in the manufacturing sector.

EconThai vice-chairman Tanit Sorat forecasts average capacity utilisation this year at

60.8%, a poor sign for businesses and their employment. “The pandemic will

continue to affect the global economy until the vaccine against the virus is found," he

said. "This is a tough time for any employment plans."

EconThai said the government's economic stimulus measures such as a job retention

scheme and a job fair have yet to result in significant impact.

---------------------------------------------------------------------------------------------------------------------

General News

The Centre for Covid-19 Situation Administration (CCSA) reported 7 new Covid-19

cases over a 24-hour period on October 18.

The new cases are a 47-year-old Thai woman who returned from Sweden on

October 11 tested positive at a Bangkok state quarantine facility; a 39-year-old

businesswoman returned from the United Kingdom on October 12 and tested

positive in a Samut Prakan state quarantine hotel and a 54-year-old Belgian

technician arrived in Thailand on October 12 and was found positive in a Samut

Prakan alternative quarantine hotel.

A 33-year-old Burmese driver was deported to Myanmar after he tested positive

at the Mae Sot border checkpoint on October 16.

Three Burmese family members residing in Mae Sot district, Tak province -- a

one-year-old boy, a 10-year-old girl and a 23-year-old man.

A Mae Sot provincial official announced a provincial lockdown on Saturday

(October 17) in order to prevent the spread of the virus with schools closing for

seven days and religious ceremonies suspended.

The total number of confirmed cases in Thailand increased to 3,686 (739 in state

quarantine), 146 are in hospital and 3,481 have recovered and been discharged,

while the death toll is 59.

Tak officials announced a week-long border closure on the same day Covid-19 tests came

back negative for all 26 classmates of a 10-year-old found among the latest batch of three

reported cases in the district.

Mae Sot Hospital announced the results of swiftly conducted tests yesterday just

hours after the province's governor signed an order temporarily suspending

commercial use of the crossing, in a bid to prevent curtail a spike in cases that has

already seen eight positive test results so far this month.

Tak governor Phongrat Phiromrat ordered the border closed for goods transit from

3pm yesterday until 8.30am on Sunday, Oct 25, as part of disease control

measures.

Political News Headlines in Thai Media

Here is a list of activities that the Prayut Chan-ocha administration has made illegal due

to growing protests and the imposition of their state of emergency decree.

o Link- https://www.thaienquirer.com/19740/the-state-of-emergency-decree-and-the-

new-selfie-rule/

Student councils, opposition parties, human rights groups, and foreign observers have all

condemned the Thai government’s use of force against unarmed protestors on Friday.

o Link- https://www.thaienquirer.com/19737/foreign-countries-rights-groups-and-

student-councils-join-chorus-in-condemning-government-crackdown/

Thailand is entering a phase of political volatility with violence by the state towards

protesters not out of the question. Yet despite a crackdown by the police on unarmed

demonstrators on Friday, smaller coalition partners continue to stick by a government

headed by the 2014 coup leader General Prayut Chan-ocha.

o Link- https://www.thaienquirer.com/19733/opinion-the-time-has-come-to-boycott-

the-smaller-parties-that-enable-prayut-and-co/

As police were using riot shields and water cannons to crackdown on pro-democracy

protesters in Bangkok on Friday, student-led protests erupted on college campuses across

the country in solidarity.

o Link- https://www.thaienquirer.com/19717/as-the-crackdown-in-rajprasong-

happened-protests-occured-on-campuses-across-the-country/

As stirring theme music plays, the digital logo for NBT News does its digital magic, then

fades, revealing a sparkling studio. The TV news studio is sleekly designed, immaculate,

and brightly-lit.

o Link- https://www.thaienquirer.com/19711/come-and-enter-the-alternative-reality-

that-is-thai-state-media/

Following a government crackdown on student-led anti-government demonstrators on

Friday, friends and family of protest-goers have taken to social media to find the

wherabouts of missing dissidents.

o Link- https://www.thaienquirer.com/19707/protesters-take-to-social-media-to-ask-

about-missing-friends-after-government-crackdown-on-demonstrations/

I only just met Francis [Bunkueanun Paothong], we joined together in some events on the

afternoon of August 14. Now he is facing life imprisonment for holding a microphone

and telling the masses to calm down.

o Link- https://www.thaienquirer.com/19700/opinion-the-government-may-jail-francis-

but-we-are-all-francis-now/

October 14 shows how divided our society reallly is. On one side, we had royalists

professing their love for institution and tradition, on the othersides the forces of

progression and liberalism.

o Link- https://www.thaienquirer.com/19678/thai-enquirer-journalists-take-a-moment-

and-reflect-on-the-past-few-days/

As rallies to oust the government mushroomed across the country, Prime Minister Prayut

Chan-o-cha appeared to tone down his stance against protesters.

o Link- https://www.bangkokpost.com/thailand/politics/2004115/prayut-softens-tone-

as-rallies-spread

Thailand’s Deputy Prime Minister, Prawit Wongsuwan, in his capacity as leader of the

Palang Pracharat Party, today announced the party’s full support of and reverence for the

Monarchy, in the wake of protesters’ demand for sweeping reform of the institution.

o Link- https://www.thaipbsworld.com/thailands-palang-pracharat-party-against-any-

changes-to-constitution-regarding-the-monarchy/

Speaker of the lower house of Parliament, Chuan Leekpai, plans to discuss on Monday

with government and opposition MPs the possibility of holding an extraordinary session

of Parliament to discuss the current political crisis.

o Link-

https://www.nationthailand.com/news/30396403?utm_source=category&utm_mediu

m=internal_referral

In a veiled dig at Prime Minister Prayut Chan-o-cha, former premier Yingluck

Shinawatra has jogged the general's memory to a time six years ago when her

government was besieged by protests.

o Link-

https://www.nationthailand.com/news/30396382?utm_source=category&utm_mediu

m=internal_referral

Phra Nakhon Si Ayutthaya Hospital has apologised for a Facebook post by its emergency

room doctor critical of the pro-democracy protesters.

o Link-

https://www.nationthailand.com/news/30396377?utm_source=category&utm_mediu

m=internal_referral

Police visited the Progressive Movement’s Bangkok headquarters on Friday afternoon,

interrupting a press conference by the movement’s secretary general Piyabutr

Saengkanokkul.

o Link-

https://www.nationthailand.com/news/30396327?utm_source=category&utm_mediu

m=internal_referral

A female doctor has been sacked from a Bangkok hospital for condemning the use of

violence by the authorities against protesters on October 16.

o Link-

https://www.nationthailand.com/news/30396385?utm_source=category&utm_mediu

m=internal_referral

Economic News Headlines in Thai Media

Tisco Financial Group Plc (TISCO) reported its 2020 third-quarter earnings of 1.6 billion

baht, down 14 per cent year-on-year but up 21 per cent quarter-on-quarter, exceeding

analysts’ forecast and the market consensus.

o Link- https://www.thaienquirer.com/19691/tisco-reports-higher-than-expected-3q-

results-stands-as-top-pick-in-banking-sector/

The board of the State Railway of Thailand (SRT) has approved the proposed delay to the

signing of Contract 2.3 on the Bangkok-Nong Khai High-Speed Train Project by 90 more

days, said SRT governor Niruj Maneepun.

o Link- https://www.bangkokpost.com/business/2003551/srt-agrees-to-delay-in-

sealing-deal

Fresh political tensions have spurred communication on social media, with posts shooting

up almost 100% from normal days to 40 million on Thursday, says social media analytics

firm Wisesight.

o Link- https://www.bangkokpost.com/business/2003527/social-media-gets-bounce-

from-protests

The Bank of Thailand has extended the debt moratorium period to next June for small

and medium-sized enterprises (SMEs) with a credit line below 100 million baht and

difficulty in servicing existing debts.

o Link- https://www.bangkokpost.com/business/2003535/bot-prolongs-debt-

moratorium-for-smes

Third-quarter profit recoveries for Thai listed companies are on track to be stronger in

some sectors (especially Electronics and Food) than in others. Earnings quality remains a

key theme, given the ongoing risks, including domestic political tension, US election

uncertainty and macroeconomic risk tied to resurgent global Covid-19 infections.

o Link- https://www.bangkokpost.com/business/2003615/earnings-improvement-

steady-but-uneven

SET-listed Asset World Corp (AWC), the property arm of billionaire Charoen

Sirivadhanabhakdi's TCC Group, plans to turn its 19-year-old Pantip Pratunam into a new

wholesale trade hub for Thai manufacturers.

o Link- https://www.bangkokpost.com/business/2003571/pantip-pratunam-pivots-to-

wholesale-trade-hub

Shrinkflex Thailand Plc (SFT), the country's largest shrink-film label maker, remains

confident in its IPO plan despite growing anti-government sentiment and the resulting

massive street rallies.

o Link- https://www.bangkokpost.com/business/2003567/shrinkflex-moving-ahead-

with-ipo

The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) may have

to extend the debt moratorium period because of the Covid-19 crisis and unimproved

farm product prices, says a Finance Ministry source.

o Link- https://www.bangkokpost.com/business/2004275/leaden-farm-prices-may-tip-

extended-debt-moratorium

Tourism operators in Samui are preparing to urge the government to help lower flight

costs for tourists, while more hotels have been approved for alternative local state

quarantine (ALSQ) status, including a five-star cluster owned by one of the richest

families in Thailand.

o Link- https://www.bangkokpost.com/business/2004283/samui-ready-to-petition-for-

cheap-flights

The Employers' Confederation of Thai Trade and Industry (EconThai) expects the

country's employment to continue slowing until the first quarter of 2021.

o Link- https://www.bangkokpost.com/business/2004271/econthai-jobs-drag-into-q1

The government is set to launch a number of projects in fiscal 2021, starting this month,

to narrow income disparity in all provinces based on the Thai People Map and Analytics

Platform (TPMAP), a data analytics tool.

o Link- https://www.bangkokpost.com/business/2004287/anti-poverty-projects-set-for-

fy2021

SET-listed Scan Inter (SCN), a compressed natural gas (CNG) service provider, plans to

acquire more assets in the renewable energy sphere via subsidiary Green Earth Power

Thailand (GEP), which sees opportunities in Myanmar's growing capital, Naypyidaw.

o Link- https://www.bangkokpost.com/business/2004295/scan-inter-moves-away-from-

gas-via-gep

Issues to be watched out for

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 Trade Competition Commission is set to rule on CP’s acquisition of

Tesco Lotus’s Asia business in a deal worth US$10.6 billion.

October, 2020 – The Thailand Grand Prix was rescheduled after being postponed due to

the coronavirus outbreak.

October 21, 2020 – The House committee assigned to study charter amendment bills is

expected to complete its study and submit its report to parliament on the next day.

October 23 -December 31, 2020 – 14 million welfare cardholders will receive an extra

monthly discount of 500 baht on their shopping under the government’s economic

stimulus package.

October 25, 2020 – Phuket is expected to be reopened to foreign tourists.

October 27, 2020 – The Central Bankruptcy Court is set for first hearings for Nok Airlines

regarding the rehabilitation process.

October 28-November 1, 2020 – Fast Auto Show Thailand at Bitec, Bangna.

November 2-3, 2020 – A mobile cabinet meeting scheduled in Phuket.

November 1, 2020 – The second batch of 120 foreign tourists issued with the Special

Tourist Visa (STV) scheme from Scandinavian and Schengen countries on a Thai Airways

International (THAI) flight and land at Suvarnabhumi Airport.

November 1, 2020 – The next parliamentary session will begin.

December 2020 – The Federation of Thai Industries (FTI)’s “Faster Payment” scheme to

increase liquidity for small and medium-sized enterprises (SMEs) during the pandemic is

set to end.

December 20, 2020 – Tentative date for elections of Provincial Administrative

Organizations (PAOs) in 76 provinces.

February 28, 2021 – Tentative date for municipality elections and the election of tambon

administrative organizations (TAOs).

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.

Key Data

SET Index 1,233.68 -9.28

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 October 16, 2020

Buying, Selling or Transfer of shares by Owners/Management

Stock Code Volume Value Action

BM 2,000 2.04 Purchase

BM 3,000 2.03 Purchase

BKER 48,000 5.7 Purchase

CPN 50,000 41.25 Purchase

CPN 50,000 41 Sale

EP 200,000 3.87 Purchase

JKN 28,125,000 12 Sale

PRIME 30,000 0.48 Purchase

PRIME 4,719,100 0.52 Sale

UTP 50,000 13.9 Purchase

UTP 38,600 14.1 Purchase

UTP 49,000 13.96 Purchase

VRANDA 900,000 - Transfer

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 16 Oct 2020

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 2,029.49 4.55 4,038.62 9.06 -2,009.12 -

Proprietary 6,362.23 14.27 5,836.76 13.09 525.47 -

Trading

Foreign Investors 17,719.27 39.75 18,199.27 40.83 -479.99 -

Local Individuals 18,464.82 41.42 16,501.17 37.02 1,963.65 -

Monthly Cumulative between 1 - 16 Oct 2020

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 52,337.80 9.48 53,838.96 9.76 -1,501.17 -

Proprietary

Trading

70,798.10 12.83 69,662.88 12.62 1,135.22 -

Foreign Investors 192,069.41 34.8 204,224.08 37 -12,154.67 -

Local Individuals 236,699.86 42.89 224,179.24 40.62 12,520.62 -

Yearly Cumulative since 1 Jan - 16 Oct 2020

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 1,320,134.93 10.86 1,253,463.76 10.31 66,671.17 -

Proprietary

Trading

1,275,931.60 10.5 1,272,485.19 10.47 3,446.41 -

Foreign Investors 4,271,175.60 35.14 4,561,004.27 37.53 -289,828.66 -

Local Individuals 5,285,772.92 43.49 5,066,061.84 41.69 219,711.08 -

Total Trading Value 44,575.81 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.