{"id":195,"date":"2016-10-13T12:38:43","date_gmt":"2016-10-13T16:38:43","guid":{"rendered":"https:\/\/www.etfresearchcenter.com\/articles\/?p=195"},"modified":"2016-10-13T14:06:13","modified_gmt":"2016-10-13T18:06:13","slug":"thai-etf-gains-in-wake-of-kings-passing","status":"publish","type":"post","link":"https:\/\/www.etfrc.com\/articles\/index.php\/2016\/10\/13\/thai-etf-gains-in-wake-of-kings-passing\/","title":{"rendered":"Thai ETF Gains in Wake of King&#8217;s Passing"},"content":{"rendered":"<p>The iShares MSCI Thailand ETF (<a href=\"http:\/\/www.etfresearchcenter.com\/tools\/fund_detail.php?ETF_ticker=THD\" target=\"_blank\">THD<\/a>) is up more than\u00a03% today even as the broader Emerging Markets ETF (<a href=\"http:\/\/www.etfresearchcenter.com\/tools\/fund_detail.php?ETF_ticker=EEM\" target=\"_blank\">EEM<\/a>) is off about\u00a01%. In what may be a reverse\u00a0case of &#8220;buy the rumor, sell the news&#8221;, Thai stocks had declined about 10% in recent sessions on worries that King Bhumibol Adulyadej&#8217;s poor health was unstable and deteriorating. But the event of his passing has halted the slide as investors ponder the future of the country without the revered monarch.<\/p>\n<q class=\"text-big shortcode-pullquote wf-cell align-right wf-1-3\">THD&#8217;s yield of 3.4% could offer some stability to investors even if the country experiences some instability.\u00a0<\/q>\n<p>While the country could experience renewed instability in the wake of the King&#8217;s death, purely as an investment matter the stocks in THD look attractive after the recent sell-off, which resulted in an upgrade from a Neutral to Overweight recommendation. Although not as undervalued as stocks in EEM, Thai firms generate slightly above average profitability over the course of the business cycle, and THD&#8217;s dividend yield of 3.4% (based on consensus DPS estimates for 2016) compares favorably to EEM&#8217;s yield of just 2.6%. This should offer some stability for investors, even if some instability were to occur in the country.<\/p>\n<p><em>What do you think? Is the recent dip in THD a good buying opportunity for a country still with a lot of potential growth ahead?\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The iShares MSCI Thailand ETF (THD) is up more than\u00a03% today even as the broader Emerging Markets ETF (EEM) is off about\u00a01%. In what may be a reverse\u00a0case of &#8220;buy the rumor, sell the news&#8221;, Thai stocks had declined about 10% in recent sessions on worries that King Bhumibol Adulyadej&#8217;s poor health was unstable and&hellip;<\/p>\n","protected":false},"author":2,"featured_media":199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[22,38],"class_list":["post-195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-emerging-markets","tag-eem","tag-thd","description-off"],"_links":{"self":[{"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/posts\/195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/comments?post=195"}],"version-history":[{"count":5,"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/posts\/195\/revisions"}],"predecessor-version":[{"id":202,"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/posts\/195\/revisions\/202"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/media\/199"}],"wp:attachment":[{"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/media?parent=195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/categories?post=195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfrc.com\/articles\/index.php\/wp-json\/wp\/v2\/tags?post=195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}