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BUSINESS

Thailand leads SE Asia stocks lower as Iran tensions rise

Published on 08/01/2020

» Southeast Asian equities slumped on Wednesday, with Thailand taking the biggest hit, as investors scurried from riskier assets due to rising tensions in the Middle East after Iran fired rockets at US-led forces in Iraq.

BUSINESS

SET has best week of year as Pyongyang rattles investors

Business, Published on 04/09/2017

» Recap: Another missile launch by North Korea and Hurricane Harvey in the US shook global capital markets as investors reallocated assets, shifting to safe havens such as gold and bonds, as well as equities in Asian emerging markets including Thailand. Previously the worst performer among emerging market peers, the SET had its highest weekly percentage gain of the year.

BUSINESS

Set moves ahead as dow hits 20,000 point milestone

Business, Published on 30/01/2017

» Recap: The Dow Jones Industrial Average last week crossed the 20,000 mark for the first time, lifting Thai shares by 1% on Thursday to a two-year high before rally slowed at the end of the week. European equities slipped and trading in Asia was subdued because of the Lunar New Year holidays.

BUSINESS

Equities hit by us interest rate speculation again

Business, Published on 05/09/2016

» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.

BUSINESS

Set edges up despite Asian dip on China worries

Business, Published on 25/05/2015

» Recap: US and European stocks marched up last week with the Dow Jones and S&P hitting records as weak housing sales and manufacturing data suggested a delay in a Federal Reserve interest-rate increase. Most Asian markets retreated, especially in China, on worries over economic health of the world's second largest economy.

BUSINESS

Swiss surprise caps volatile trading week

Business, Published on 19/01/2015

» Recap: Global bourses felt strong selling pressure from the downward spiral of oil prices and the unexpected scrapping of a cap on the Swiss franc against euro, before staging a relief rally on Friday.

BUSINESS

Surprise from Tokyo gives Asian shares a boost

Business, Published on 03/11/2014

» Recap: Asian stock markets gained last week, buoyed by the Bank of Japan's surprise move on Friday to expand its stimulus programme. The SET Index moved in a range of 1,547.89 and 1,584.35 points and closed at 1584.16, up 2.9% from the preceding week, in trade worth an average of 47.44 billion baht a day.

BUSINESS

China worries keep lid on global equity gains

Business, Published on 25/08/2014

» Recap: Asian stock markets marched up early last week amid eased concerns over a Russia-Ukraine confrontation and upbeat US economic readings, but a sell-off kicked in on renewed concerns over China's economy after tepid manufacturing figures were released. The Thai stock market stayed firmly above the resistance of 1,550 points on hopes that the economy will recover now that NCPO leader Gen Prayuth Chan-ocha has been chosen as the new prime minister.