Showing 1 - 10 of 108
End of tariff uncertainty unlocks SET
Business, Published on 16/08/2025
» July was an unusual month for Thai equities as the low point of the month for the SET index occurred on the first day and the high point on the last day, with a wide trading range between 1,086.56 and 1,251.16 points.
Asian shares dip as Trump-Xi talks yield little news
Business, Published on 07/06/2025
» RECAP: Asian equities edged down yesterday as talks between US President Donald Trump and Chinese President Xi Jinping failed to shed light on the progress of trade negotiations. Weak US economic data also weighed on sentiment.
SET rebounding after a bumpy April
Business, Published on 10/05/2025
» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.
Trump tariff tsunami sinks regional shares
Business, Published on 05/04/2025
» RECAP: Asian shares fell to their lowest level in two months yesterday, extending a global selloff in stocks after US President Donald Trump's latest tariff measures drove investors into safe-haven assets.
Oversold bounce and sector rotation
Business, Published on 22/03/2025
» The Thai stock market has rebounded strongly after touching a recent low of around 1,157 points on March 13. Oversold indicators, even surpassing Covid-era lows, triggered buying that pushed the SET index back towards the key 1,200-point mark.
Gulf's KBank share purchase sparks takeover speculation
Published on 20/03/2025
» Gulf Energy Development (Gulf) has become the fifth-largest shareholder in Kasikornbank (KBank), Thailand’s third-largest lender by asset value, in a move that sparked speculation that the energy giant may replicate its takeover of Intouch Holdings (INTUCH).
Analysts see rate cut as beneficial to local bourse
Business, Nuntawun Polkuamdee, Published on 28/02/2025
» The Bank of Thailand's surprise interest rate cut should benefit stocks in the fields of leasing, real estate, retail, hospitals, and those with high debt, while banking stocks are out of favour, say analysts.
Maybank picks LTF transfer winners
Business, Nuntawun Polkuamdee, Published on 20/02/2025
» Nine stocks are expected to benefit the most from the Finance Ministry's policy to transfer investments from matured long-term equity funds (LTFs) to Thai ESG (environmental, social and governance) funds, with progress on the transfer expected later this month, says Maybank Securities (Thailand).
Rating upgrade reflects Gulf's strong fundamentals
Business, Published on 27/12/2024
» Gulf Energy Development Plc has been assigned an A+ corporate credit rating and an A rating for its senior unsecured debentures, with its outlook upgraded from "stable" to "positive" by Tris Rating Co.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.