Showing 1-10 of 11 results
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Dollar revival takes shine off asia stocks
Business, Published on 14/02/2017
» Recap: Asian markets fell early last week amid worries about Donald Trump's protectionist stance, uncertainty about France's political outlook, another crisis brewing in Greece and falling oil prices. However, sentiment picked up following Wall Street's climb to record highs after President Trump said he planned to overhaul business taxes. The Thai stock market see-sawed, with profit-taking keeping the SET Index in check while buying ahead of corporate earnings and dividend season limited the downside.
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Investors keep the party going in year's first week
Business, Published on 09/01/2017
» Recap: Asian stock markets started the year on a strong footing, rising in response to more upbeat sentiment about the global economy and indications that the US Federal Reserve might not be as aggressive in raising interest rates as earlier predicted. The Thai stock market joined in the rally.
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Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.
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Rate cut buoys set ahead of holiday as global stocks drift
Business, Nuntawun Polkuamdee, Published on 04/05/2015
» Recap: Global bourses moved mostly lower in response to disappointing US economic data and despite Federal Reserve signals that interest rates would not rise anytime soon. In Thailand, the SET rebounded on Thursday after the Bank of Thailand surprised the market by cutting its policy rate by 25 basis points to 1.50%.
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Bay causes local ripples as global markets drift
Business, Published on 02/02/2015
» Recap: Wild swings in Bank of Ayudhya (BAY), among the top five in trading turnover amid rumours of delisting, caused ripples in the Thai market last week. World markets drifted lower on persistent concerns about weaker economic growth.
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Stocks drift in thin trade, China leads Asia lower
Business, Published on 30/11/2015
» Recap: Global stock markets traded thinly last week as geopolitical tensions rose after Turkey downed a Russian plane that entered its territory from war-torn Syria. Wall Street was subdued because of the Thanksgiving holiday on Thursday and a shortened session on Friday. European markets were little changed as investors awaited word this week on whether the European Central Bank would extend its stimulus measures.
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Hints of ECB action give global equities a lift
Business, Published on 08/12/2014
» Recap: Speculation that the European Central Bank (ECB) will adopt US-style money printing lifted stock markets across the world last week. The SET Index, however, moved sideways up in a narrow range of 1,586.23 and 1,600.29 points, and closed at 1,597.76, up 0.2% from the preceding week, in moderate turnover averaging 41.74 billion baht a day for four trading days.
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Fed, oil and economic worries push down stocks
Business, Published on 10/08/2015
» Recap: Major global stock markets continued to fluctuate last week. The Dow Jones was pressured by underperforming company results and the growing possibility of a Fed rate increase and European bourses fell with global oil prices. Asia's large markets rose, led by gains in China and Hong Kong on growing speculation that the Beijing government would take more steps to restore shaky confidence in equities.
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SET gains as global bourses fret about Greece
Business, Published on 29/06/2015
» Recap: The Greek debt crisis cast a cloud over global stock markets last week but Thailand staged a modest rally. Chinese stocks plummeted 8% on Friday as investors rushed to cash out amid signs that an eight-month bull run was ending.
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Set struggles Near 1500 as global stocks retreat
Business, Published on 11/05/2015
» Recap: Global stock markets retreated amid worries over the growing US trade deficit, Greece's bailout deal and China's dismal exports. Concerns over listed companies' earnings growth also weighed down the Thai stock market, which briefly slipped below 1,500 points before rebounding on Friday.
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