economy continues its growth momentum following the GDP expansion by 4.8% in 1Q18. The growth is attributed to a number of factors, namely 1.) exports growth in-line with the improving sentiment of the

the business plan. CPN continues to emphasize on effective revenue generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential

malls, enhancement of existing malls, new mixed-use development projects, such as residential development, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient

sluggish effecting from Trade War which impacted the global economic sentiment. However, the Thai economy is attributed mainly by number of factors, namely 1.) Growth in Tourism sector particularly in 2H19 2

markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors, which in turn dampened domestic spending sentiment. The situation adversely affected the government’s

วกบั market sentiment / sentiment กลุ่มอุตสาหกรรม ✓ ✓ ✓ ตอบค าถามเก่ียวกบัการลงทุนเป็นรายหลกัทรัพย ์ (พื้นฐาน) ✓ 1 ✓  ตอบค าถามเก่ียวกบัการลงทุนเป็นรายหลกัทรัพย ์ (เทคนิค) ✓ 2   1 ยกเวน้นกัวิเคราะห์

โดยต้อง ระบุอย่างชัดเจนว่าเป็นการวิเคราะห์ทางเทคนิค ซึ่งต้องเป็นไปตามบทวิเคราะห์ที่ผู้ประกอบธุรกิจ จัดท า     ให้ความเห็นเกี่ยวกับ market sentiment / sentiment กลุ่มอุตสาหกรรม     ตอบค าถาม

and our customers both directly and indirectly. KBank has emphasized synergy with K Companies, strategic partners and startup firms for enhancement of our business capabilities to achieve sustainable

Conclusions Behavioral Explanation Table 2: Behavioral Variables Variable Representation Related Literature Volatility Index (VIX) Investor sentiment Delong et al. (1990), Shleifer and Vishny (1997), Baker and

arise from the implementation of the new accounting standard.  Enhancement of processes and econometric models for stress testing to ensure that KBank’s business growth is in line with our risk appetite