block trades

The widely expected tightening in monetary policy confirms the optimism about domestic growth, although analysts warn that Thailand has lost a key catalyst for continued outperformance.

Last week's block trades made good use of the rebound in equity markets, but also come ahead of a slew of other potential deals in the financial sector in the second half.

GIC sells about half its stake in Champion Reit, while the controlling shareholder in Indorama Ventures is aiming to raise up to $226 million from a partial sell-down.