Showing 1 - 10 of 31
SET delists securities of ALL, Stark and World
Business, Nareerat Wiriyapong, Published on 15/08/2024
» The Stock Exchange of Thailand (SET) is delisting the securities of All Inspire Development (ALL), Stark Corporation and World Corporation because they were unable to resolve the grounds for delisting, or to meet the qualifications to resume trading within the specified deadline.
Analysts expect steady policy rate at 2.5%
Business, Nareerat Wiriyapong, Published on 09/08/2024
» The Bank of Thailand is expected to hold the policy rate steady at 2.5% at its meeting later this month, with inflation rising slowly back to the target range, say economists who are urging government stimulus measures to drive the slowing economy in addition to the digital wallet scheme.
US rate cuts set to prop up ailing Thai stock exchange
Business, Nareerat Wiriyapong, Published on 08/08/2024
» Projected interest rate cuts by the Federal Reserve designed to stop the US falling into recession could help shore up the Stock Exchange of Thailand (SET) for the rest of 2024 after the index dipped 6.7% in the first seven months of this year, says a bourse executive.
Call for charges to be filed in share manipulation case
Business, Nareerat Wiriyapong, Published on 26/07/2024
» The Securities and Exchange Commission (SEC) has called on the prosecutor to file charges with the Civil Court against nine offenders for share manipulation of three companies after they refused to comply with the punishment measures.
Digital wallet details fail to rally SET
Business, Nareerat Wiriyapong, Published on 25/07/2024
» The government's announcement regarding the delayed digital wallet handout scheme failed to boost the Stock Exchange of Thailand (SET) as the index slipped below the psychological level of 1,300 points on Wednesday with major commerce company CP All (CPALL) among the biggest losers.
Why is the SET in a protracted slump?
Business, Nareerat Wiriyapong, Published on 11/07/2024
» On July 1, with investors searching for clues about their investments in the second half of 2024, the Stock Exchange of Thailand (SET) index slipped below the psychological level of 1,300 points for the second time in a month.
SET index expected to plunge amid court cases
Business, Nareerat Wiriyapong, Published on 05/07/2024
» The Stock Exchange of Thailand (SET) index could plunge to 1,250-1,260 points, down from about 1,300 points now, if the Constitutional Court rules Prime Minister Srettha Thavisin breached ethics rules when appointing Pichit Chuenban, which is likely, says CGI International Securities (Thailand).
JKN sets out plan to repay bondholders
Business, Nareerat Wiriyapong, Published on 12/06/2024
» SET-listed JKN Global says it plans to repay all its liabilities owed to bondholders within five years after a strategic investor, Mexican businessman Raul Rocha Cantú, agreed to inject 1.75 billion baht to revive the debt-ridden owner of Miss Universe Organization (MUO).
SET index could slip further amid BoT spat
Nareerat Wiriyapong, Published on 08/06/2024
» The Stock Exchange of Thailand (SET) index could dip below 1,300 points after plunging to a four-year low on Thursday, as political uncertainties loom and news emerged that the Srettha Thavisin coalition government is seeking ways to exert more power at the Bank of Thailand.
Political jitters hamstring SET index
Business, Nareerat Wiriyapong, Published on 05/06/2024
» Political uncertainty is expected to be a major drag on the Stock Exchange of Thailand (SET) for the entirety of June, with three legal cases involving Prime Minister Srettha Thavisin, former premier Thaksin Shinawatra and opposition Move Forward Party (MFP) causing the index to sag deeper than originally forecast, say analysts.