Showing 1 - 10 of 31
Departing SET chief sets out challenges facing bourse
Business, Nuntawun Polkuamdee, Published on 17/09/2024
» The Stock Exchange of Thailand (SET) faces challenges amidst rapid changes in technology and competition in the global capital market, making it crucial for the bourse's management to adjust supervision appropriately to balance fundraising among investor groups and stay competitive, the outgoing chief said on Monday.
Analysts expected to raise bourse's year-end target
Business, Nuntawun Polkuamdee, Published on 10/09/2024
» The Investment Analysts Association (IAA) is expected to revise up the Stock Exchange of Thailand (SET) end of year target from the current estimate of 1,460 points, boosted by the launch of the Vayupak Fund and Thai ESG Fund, along with the new government's stimulus measures.
Bualuang slashes year-end SET target to 1,396
Business, Nuntawun Polkuamdee, Published on 04/09/2024
» Bualuang Securities (BLS) has cut its year-end estimate for the Stock Exchange of Thailand (SET) index to 1,396 points from 1,466 points, noting the Thai bourse will remain volatile the last four months of 2024.
SET aiming to be an inclusive capital market
Business, Nuntawun Polkuamdee, Published on 29/08/2024
» The Stock Exchange of Thailand (SET) has come up with three main strategies to drive sustainable growth of the Thai capital market amid unfavourable global financial conditions and political uncertainties, with the aim of becoming an inclusive capital market.
Listed firms' profits up 9.7% in H1
Business, Nuntawun Polkuamdee, Published on 27/08/2024
» Net profits of listed companies on the Stock Exchange of Thailand surged 9.7% year-on-year in the first half of 2024 to 519 billion baht as sales grew 6.3% over the period to 8.96 trillion baht, buoyed by a significant recovery in tourism and rising oil prices.
Digital token investment a hot topic
Business, Nuntawun Polkuamdee, Published on 23/08/2024
» Nineteen companies, mostly real estate and software businesses, have informed the Securities and Exchange Commission (SEC) about their interest in mobilising funding through investment tokens under the Digital Asset Act.
Securities and Exchange Commission rejigs criteria of bond representatives
Nuntawun Polkuamdee, Published on 20/08/2024
» The Securities and Exchange Commission (SEC) has revised the qualification criteria of bond representatives, requiring them to have a registered capital of at least 25 million baht and allowing crowdfunding firms to act as bond representatives in addition to other financial institutions.
Crypto here to stay
Nuntawun Polkuamdee, Published on 19/08/2024
» Amid a global economic slowdown and geopolitical risks, cryptocurrencies are making a comeback, ranking among the world's top-performing assets in the first seven months of 2024 along with Nvidia, one of the "Magnificent 7" tech stocks on the US stock exchange.
Investors dump Thai bonds worth B30bn
Business, Nuntawun Polkuamdee, Published on 16/08/2024
» Investors have sold Thai bonds for three consecutive days, tallying nearly 30 billion baht, based on concerns about Thailand's political instability, according to the Thai Bond Market Association (ThaiBMA).
Stocks dip as court ousts premier
Nuntawun Polkuamdee, Published on 14/08/2024
» The Stock Exchange of Thailand (SET) dipped in the afternoon session on Wednesday, wiping out the morning’s gains, as the Constitutional Court dismissed Prime Minister Srettha Thavisin over a cabinet reshuffle, though analysts said the downside would be limited.