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home / news releases / THD - THD: Thai Equities Are Worth Avoiding For Now

THD - THD: Thai Equities Are Worth Avoiding For Now

iShares Inc MSCI Thailand
  • Thai equities have fallen year-to-date in spite of many other geographic equity markets rising.
  • I think this fall is justified on the basis of simple valuation, and further downside could be in store.
  • The Thai economy has also been hard hit relative to other countries due to COVID-19 and its dependence on tourism.
  • Until global tourism picks up significantly and sustainably, it will be tough for THD to bounce back.

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THD: Thai Equities Are Worth Avoiding For Now
Stock Information
Company Name: iShares Inc MSCI Thailand
Stock Symbol: THD
Market: NYSE
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