Showing 1 - 10 of 31
Stocks fall as US tariff news sinks in
Business, Published on 02/08/2025
» RECAP: A global stock sell-off extended to a sixth day as US President Donald Trump boosted tariffs across the world, while two days of solid earnings from megacap tech firms failed to lift sentiment.
Middle East war threatens to pummel Thai stocks
Business, Nuntawun Polkuamdee, Published on 17/06/2025
» The intensifying conflict between Israel and Iran is raising concerns over prolonged instability in the Middle East, with Daol Securities (Thailand) warning of ripple effects across global stock markets.
AAI Reports 283% Profit Growth, Eyes Continued Expansion
Published on 20/11/2024
» Asian Alliance International Public Company Limited (AAI), a leading Thai pet food manufacturer, reported outstanding Q3/2024 performance, with revenue growth of 37.8% and a net profit increase of 145% compared to the same period last year. This was driven by increased demand in pet food business, which remains the primary growth driver. For the first nine months of this year, net profit surged by 283.4% compared to the same period last year, reflecting strong demand from major brand clients who launched new products tailored to owners seeking specialised pet food. The gross profit margin remains within the target of 20-21%. The company is confident that total revenue for this year will meet the target of THB 6,500 million, comprising THB 5,700 million from pet food business and THB 800 million from human shelf-stable food. Production capacity expansion plans are progressing as expected. In August, the company commenced dry pet food production under the “Pro” brand and expanded capacity for canned and pouch-packed products, which will increase wet pet food production to 59,000 tons per year by Q1 next year.
Shares boosted by growing hopes for a soft landing
Business, Published on 31/08/2024
» RECAP: Asian stocks closed in on a fourth month of gains, lifted by hopes of a soft landing for the US economy. The dollar was poised for its worst monthly performance in nine months on the view that US interest rates are all but certain to start falling next month.
Wall Street bounce helps lift Asian shares
Business, Published on 10/08/2024
» RECAP: Asian shares were poised to end a tough week on an upbeat note after Wall Street bounced overnight and data showed China taking a step away from deflation, while Japanese stocks managed to sustain an early rally.
Market volatility could create some opportunities
Business, Published on 06/07/2024
» The SET index experienced a downtrend in June, trading within a range of 1,280 and 1,354 points and reaching the month's low in mid-June before rebounding to 1,323, which coincided with the 200-day moving average acting as a resistance.
Asian shares retreat on China weakness
Business, Published on 18/05/2024
» RECAP: Stocks in Asia fell yesterday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.
Asian shares on course for third week of gains
Business, Published on 11/05/2024
» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.
Clawing back after a steep Songkran decline
Business, Published on 11/05/2024
» Sentiment on the Stock Exchange of Thailand (SET) was relatively weak at the beginning of April, with average daily turnover of only 33 billion baht during the first week of the month.
Asian shares powered by tech rally, yen revives
Business, Published on 04/05/2024
» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.