Showing 51 - 60 of 289
Asian markets retreat ahead of Powell speech
Business, Nuntawun Polkuamdee, Published on 26/08/2023
» RECAP: A mini-rally on most Asian markets came to a halt yesterday ahead of a keenly awaited speech by US Federal Reserve chief Jerome Powell at around 9pm Thailand time, with traders increasingly worried about higher US interest rates.
One AM downgrades its outlook for Thai bourse
Business, Nuntawun Polkuamdee, Published on 23/08/2023
» One Asset Management (One AM) has cut its forecast for the Stock Exchange of Thailand (SET) index this year from 1,740 points to 1,570 points, citing a potential slowdown of the global and Thai economies, as well as prolonged domestic political uncertainties.
UOB Kay Hian expects firms' profits to decline 40% in Q2
Business, Nuntawun Polkuamdee, Published on 16/08/2023
» UOB Kay Hian Securities (Thailand) anticipates profits of listed companies to decline by almost 40% in the second quarter of 2023 compared with the same period last year because of the drastic drop in oil prices. The performance of energy stocks accounts for one-third of the combined profits of listed firms.
Regulators urged to end risky trading tactic
Business, Nuntawun Polkuamdee, Published on 15/08/2023
» Market regulators are urged to consider cancelling cash account stock trading because the method often creates artificial trading and exposes brokers to distorted share prices.
Authorities upbeat despite SET decline
Business, Nuntawun Polkuamdee, Published on 08/08/2023
» The Stock Exchange of Thailand (SET) declined by 6.7% in the first seven months of 2023 to 1,556.06 points at the end of last month but the authorities remain optimistic for the rest of the year based on Thailand's improved economic outlook and China's stimulus measures.
KCG shares fall after dairy producer's B1.3bn IPO
Business, Nuntawun Polkuamdee, Published on 04/08/2023
» Shares of KCG Corporation Plc debuted on the Stock Exchange of Thailand (SET) yesterday as Thailand's leading manufacturer of biscuits and dairy products mobilises more than 1.3 billion baht worth of fresh funds to finance its future expansion.
Alert issued over surging cybercrime
Business, Nuntawun Polkuamdee, Published on 29/07/2023
» Cyberthreats are expected to cause roughly 772 billion baht's worth of damage per day to victims around the world this year, of which 85 million baht per day would be realised in Thailand, according to the Stock Exchange of Thailand's (SET) Research Department.
SET upbeat despite plunge in trading value
Business, Nuntawun Polkuamdee, Published on 11/07/2023
» Scandals related to Stark Corporation and other negative factors caused the trading value of the Stock Exchange of Thailand (SET) to plummet by 33% year-on-year in June to 47.9 billion baht, but the bourse remains optimistic that investor confidence will improve in the second half.
SET stumbles on domestic, external risks
Business, Nuntawun Polkuamdee, Published on 07/07/2023
» Concerns over rising global interest rates and domestic political uncertainties dragged down the Thai bourse to below 1,500 points again on Thursday, say analysts.
SEC warns of prison time for Stark fraudsters
Business, Nuntawun Polkuamdee, Published on 27/06/2023
» Members of the management team and others involved in the fraud surrounding Stark Corporation (STARK) could face up to 10 years in prison if found guilty, the Securities and Exchange Commission (SEC) said on Monday, as it tried to restore confidence in the Thai capital market.