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Search Result for “$3 million”

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BUSINESS

Rate cut buoys set ahead of holiday as global stocks drift

Business, Nuntawun Polkuamdee, Published on 04/05/2015

» Recap: Global bourses moved mostly lower in response to disappointing US economic data and despite Federal Reserve signals that interest rates would not rise anytime soon. In Thailand, the SET rebounded on Thursday after the Bank of Thailand surprised the market by cutting its policy rate by 25 basis points to 1.50%.

BUSINESS

Wall street jumps but factory data a worry

Business, Published on 27/04/2015

» Recap: While US markets surged, many other global stock markets sagged in response to disappointing factory activity in China, Japan and the euro zone, and concerns over Greek debt. The same worries pushed down Thai stocks.

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BUSINESS

Gains in oil and fall in Dollar lift Asian shares

Business, Published on 20/04/2015

» Recap: Asian stock markets, especially China, Korea, Hong Kong and Malaysia, marched upward in response to an oil price recovery and hopes that the US Federal Reserve will delay its rate increase in light of weaker US economic data. A buying spree in energy shares also pushed up the Thai stock market in the shortened week after the long Songkran holiday.

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BUSINESS

SET fails to advance despite surprise rate cut

Business, Published on 16/03/2015

» Recap: US and global stock markets climbed for most of last week, propelled by eased worries over a US rate increase following a report of disappointing retail sales in February. In the Thai stock market, the Bank of Thailand's unexpected move to cut its policy rate improved investors' risk appetite but stocks still failed to advance.

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BUSINESS

SET closes up on interest rate cut

Online Reporters, Published on 11/03/2015

» The Stock Exchange of Thailand main index rose 0.84% or 12.80 points to 1,543.84 on Wednesday.

BUSINESS

Quiet week for stocks ahead of Greek deal Deal

Business, Published on 23/02/2015

» Recap: Global stock markets shrugged off anxiety over Greece's debt problems before a resolution late Friday spurred Wall Street to new highs. With most markets in Asia closed for Lunar New Year, the Thai stock market fell slightly on profit-taking after failing to breach the resistance at 1,620 points.

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BUSINESS

Hope in greece and Ukraine helps lift global stocks

Business, Published on 16/02/2015

» Recap: Global bourses early last week were jolted by nerves over Greece's finances, and downbeat Chinese trade data, but rebounded later on a peace agreement in Ukraine and European Central Bank approval of more emergency liquidity to Greece. The Thai stock market also rose slightly.

BUSINESS

Set Gains on oil revival as greek drama intensifies

Business, Published on 09/02/2015

» Recap: Asian stock markets were rattled by concerns about Greece's plans to renegotiate its bailout. Worries mounted after Greece's new finance minister clashed with his powerful German counterpart and the European Central Bank (ECB) moved to stop funding Greece's lenders.

BUSINESS

Oil price plunge greases the skids for stocks

Business, Published on 15/12/2014

» Recap: The dive in oil prices to below US$60 a barrel rattled stock markets across the world last week and Thai shares were among those heavily sold.

BUSINESS

Surprise from Tokyo gives Asian shares a boost

Business, Published on 03/11/2014

» Recap: Asian stock markets gained last week, buoyed by the Bank of Japan's surprise move on Friday to expand its stimulus programme. The SET Index moved in a range of 1,547.89 and 1,584.35 points and closed at 1584.16, up 2.9% from the preceding week, in trade worth an average of 47.44 billion baht a day.