Thai SDR Monthly: Dec 23 – Some consolidation to start the year January 2, 2024 149

Summary of Performance in December & Outlook:


As we enter January, we are likely to see some consolidation for all 3 Thai listed SDRs. Amongst them, CP All Public Co. Ltd’s price structure is the strongest with a downtrend resistance line breakout in December while that of Airports of Thailand Public Co. is the weakest with a small range consolidation following a strong bearish selldown in November.








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Zane Aw
Technical Analyst

I analyze the stock market and conduct technical analysis to provide investment recommendations. I look forward to having a conversation with you in our in-house seminars and presentations to identify good risk-reward trading strategies together. I graduated from Nanyang Technological University with a Bachelor of Accountancy (Honours).

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