Showing 1 - 4 of 4
Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Stocks rally after black monday as rate fears ease
Business, Published on 31/08/2015
» Recap: China's Black Monday sparked a sell-off in global stock markets before a relief rally took hold across the world amid hints that the US Federal Reserve would not lift interest rates in September given fragile global conditions. Stimulus measures proposed by the Thai government's new economic team also improved investors' appetite for local shares.
Set stalls despite high turnover, global optimism
Business, Published on 10/11/2014
» Recap: US and European markets surged last week. The Dow Jones Industrial Average hit a new high, buoyed by signals from the European Central Bank (ECB) signal that it stands ready to introduce more economic stimulus measures if necessary.