Private banks are trading at a price-to-book (P/B) valuation of 2.3 against the 10-year average of 2.5. On the other hand, the PB of PSU banks is at 1.2 against the long term average of 0.8.
Social media analysis reveals bleak market sentiments among investors and experts. Market veteran Shankar Sharma highlights that the downturn is local and needs local solutions.
Thailand’s efforts to revive its struggling stock market with the Vayupak Fund have been unsuccessful. The SET Index has dropped 16% this year, driven by
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