Showing 71 - 80 of 279
J.P. Morgan bullish on Thai bourses
Business, Nuntawun Polkuamdee, Published on 19/01/2023
» Global financial services firm J.P. Morgan has upgraded its rating for Thailand's stock markets to overweight from neutral because of returning Chinese tourists, with the SET Index forecast to hit 1,800 points this year.
Oil funds generate best returns for second consecutive year
Business, Nuntawun Polkuamdee, Published on 18/01/2023
» Oil funds offered the highest cumulative return in 2022 of 14.6%, topping the list for the second year in a row, while technology funds were the main laggard, with a negative return of 43.5%, according to investment research and financial services firm Morningstar.
China optimism spurs Asian shares higher
Business, Nuntawun Polkuamdee, Published on 14/01/2023
» RECAP: Asian markets mostly rose again yesterday on optimism about the impact of China reopening on regional corporate performance, while the dollar remained under pressure after data showed a further slowdown in US inflation.
Thai brokerages upbeat on H1 for local markets
Business, Nuntawun Polkuamdee, Published on 13/01/2023
» China's reopening, continued inflows of foreign funds, and anticipated spending for Thailand's national election scheduled for early May should put the Thai stock market in the spotlight in the first half this year, according to analysts.
Corporate bonds again to exceed B1tn tally
Business, Nuntawun Polkuamdee, Published on 12/01/2023
» The Thai Bond Market Association (ThaiBMA) expects the value of corporate bonds to remain elevated this year as corporates look to lock in financial costs as interest rates rise.
Investor confidence bullish despite risks
Business, Nuntawun Polkuamdee, Published on 11/01/2023
» The investor confidence index (ICI) remained in the bullish zone last month, thanks to expected gains from China's reopening and a substantial growth in profit for Thai listed companies, says the Federation of Thai Capital Market Organizations (Fetco).
China optimism lifts Asian equities
Business, Nuntawun Polkuamdee, Published on 07/01/2023
» RECAP: Asian equities advanced on Friday amid hopes for China's emergence from the pandemic and an economic lift from renewed travel from the mainland.
ASAP preps B2bn for tourism rebound
Business, Nuntawun Polkuamdee, Published on 04/01/2023
» Synergetic Auto Performance (ASAP), a SET-listed car rental service operator, is planning to invest up to 2 billion baht to expand its business, saying China's reopening would provide a boost to the short-term rental car business.
Analysts upbeat on outlook for Thai stocks
Business, Nuntawun Polkuamdee, Published on 29/12/2022
» Analysts are bullish on the Thai stock market's prospects in 2023 after China announced the country's reopening in January, while cryptocurrency is likely to remain volatile in the first six months, perhaps improving in the latter half when inflation eases.
Asian shares follow Wall Street downward
Business, Nuntawun Polkuamdee, Published on 24/12/2022
» RECAP: Asian stocks resumed their declines yesterday after a slump in US tech stocks and more economic data supporting the case for the Federal Reserve to keep raising interest rates set a downbeat tone.