Showing 1-7 of 7 results
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Charter vote lifts set in good week for stocks
Business, Published on 15/08/2016
» Recap: Asian stock markets advanced last week, buoyed by a big gain in US jobs in July and a slowdown in the decline of Chinese producer prices. The Thai stock market rallied as investors' confidence in political stability improved after voters endorsed the draft constitution by a margin of 61% to 39% in the Aug 7 referendum. The SET was closed on Friday so there has been no market reaction yet to a series of deadly bombings that hit five southern provinces.
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Aditya Birla affirms Thai base, looks to China
Business, Umesh Pandey, Published on 24/04/2017
» Aditya Birla Group, a leading India-based industrial conglomerate, says it will continue to expand in Thailand as well as the region, especially in China, to maintain its dominant position in the industries it operates.
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Stocks gyrate as traders ponder life under Trump
Business, Published on 14/11/2016
» Recap: Global stock markets yo-yoed last week in response to Donald Trump's surprising US presidential election victory. US equities rose to record highs, led by financials, on expectations of lighter regulation and higher spending. But most markets elsewhere sank on concern that Mr Trump's stance against free trade and immigration could curb economic growth and increase geopolitical uncertainty. They also fear his spending plans will push up inflation, possibly triggering more aggressive rate increases by the Federal Reserve and prompting capital outflows from emerging markets.
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China rate cut spurs stocks but set struggles
Business, Nuntawun Polkuamdee, Published on 18/05/2015
» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.
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Is the Thai stock exchange international enough for you?
Business, Published on 22/06/2015
» Mirror, mirror on the wall, who's the fairest of them all? If you love fairy tales, you would probably say Snow White. But if you're a man who is in love, you might be inclined to disagree. After all, we're all entitled to our own opinion. And beauty is a particularly difficult quality to define. But how about stock exchanges? Which is the fairest exchange of them all? New York, London, Hong Kong and, of course, Singapore spring to mind. What do they all have in common? They are all considered international exchanges. Thailand, or more precisely the Stock Exchange of Thailand (SET), is not on the list. Should it be?
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Global events set tone for choppy trading week
Business, Published on 11/08/2014
» Recap: Asian stock markets last week were jolted by renewed concerns over China's economic health and escalating tension in Ukraine. The Thai stock market was in a tug of war between profit-taking and buying on dips.
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Set returns from break to ride global surge
Business, Published on 18/08/2014
» Recap: Soft economic data from major countries raised expectations of new central bank stimulus efforts and propelled global stock markets last week. Easing tensions in Ukraine after Russia finished military drills also bolstered sentiment. After a long holiday, Thai shares started strongly on Wednesday, buoyed by heavy foreign and institutional buying before fading late in the week.
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