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INVESTMENT

Investor confidence stalls out

Business, Published on 12/06/2024

» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone for a fourth consecutive month in May, attributed to international conflicts, inflation and baht fluctuation.

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INVESTMENT

Bitcoin drops to one-week low

Reuters, Published on 11/06/2024

» MUMBAI - Bitcoin wobbled on Tuesday in a sign of trader nerves ahead of US inflation data and the Federal Reserve's monetary-policy decision.

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INVESTMENT

Traders forecast further gains for gold

Business, Nuntawun Polkuamdee, Published on 10/06/2024

» YLG Bullion International recommends investors accumulate gold amid ongoing price consolidation as gold traders believe prices will rise in the medium to long term, particularly after the Federal Reserve cuts interest rates in the second half of this year.

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INVESTMENT

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.

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INVESTMENT

Bitcoin ETFs post longest run of inflows as token nears record

Bloomberg News, Published on 07/06/2024

» MUMBAI - United States exchange-traded funds investing directly in Bitcoin attracted net inflows for an unprecedented 18th straight day, a spurt of demand that has helped to lift the largest digital asset toward a record high.

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INVESTMENT

Thai stocks hit by stubbornly high rates

Business, Nuntawun Polkuamdee, Published on 07/06/2024

» The expectation that US interest rates will remain "high for longer" continues to pressure stock investments globally, with funds flowing out of emerging markets including Thailand, according to the Stock Exchange of Thailand (SET).

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INVESTMENT

Bourse to post caution signs on 17 stocks

Business, Nuntawun Polkuamdee, Published on 05/06/2024

» The Stock Exchange of Thailand (SET) plans to impose CF (Caution-Free Float) signs on Wednesday on 17 listed companies that cannot meet free-float requirements.

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INVESTMENT

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.

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INVESTMENT

Thai SEC approves first Bitcoin fund

Business, Nuntawun Polkuamdee, Published on 04/06/2024

» The Securities and Exchange Commission (SEC) has endorsed One Asset Management (ONEAM) becoming the first firm to launch a spot Bitcoin exchange-traded fund (ETF) in Thailand, which is limited to wealthy and institutional investors.

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INVESTMENT

Cryptocurrencies picked for bull run year

Nuntawun Polkuamdee, Published on 03/06/2024

» This year is considered "golden" for cryptocurrencies after the US Securities and Exchange Commission (SEC) approved eight funds that plan to launch spot Ethereum exchange-traded funds (ETFs), according to analysts, with the bull run continuing in the second half based on strong interest from institutional investors.