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BUSINESS

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.

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BUSINESS

Gold price to reach eight-month high

Business, Nuntawun Polkuamdee, Published on 17/01/2023

» The price of gold is expected to reach an eight-month high of US$1,950 an ounce this week on looming fears of a global recession after the latest US inflation rate fell to 6.5%, said SET-listed Hua Seng Heng Gold Futures.

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BUSINESS

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.

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BUSINESS

SET launches overhaul of systems as trades increase

Business, Nuntawun Polkuamdee, Published on 12/01/2023

» The Stock Exchange of Thailand (SET) has unveiled a three-year strategic plan focused on improving its trade monitoring system and enhancing the competitiveness of the Thai capital market as it seeks to handle an expected increase in stock trading this year.

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BUSINESS

SET announces adjustments to securities trading rules

Business, Nuntawun Polkuamdee, Published on 10/01/2023

» The Stock Exchange of Thailand (SET) has revamped its securities trading rules to suit current business conditions and support new trading systems that will be launched in the first quarter of this year.

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BUSINESS

Asean ready to take on market volatility

Business, Nuntawun Polkuamdee, Published on 10/01/2023

» Major Asean economies should be able to survive volatile market swings in 2023 following similar turmoil last year thanks to the region's strong fundamentals, says Singapore-based United Overseas Bank (UOB).

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BUSINESS

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.

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.

BUSINESS

Tourism stocks surge as China removes travel curbs

Business, Nuntawun Polkuamdee, Published on 28/12/2022

» Thai tourism stocks soared yesterday on news that Beijing is lifting travel curbs earlier than expected, boosting hopes that Thailand's tourism sector, trade and spending would recover much faster than the previous forecast.

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BUSINESS

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.