Showing 1 - 10 of 16
InnovestX: SET to hit 1,550 by year-end
Nuntawun Polkuamdee, Published on 28/03/2024
» InnovestX Securities expects the Thai stock market to recover in the second quarter, helped by the US cutting interest rates and a rebound in Thailand's public and private investments, with the SET index finishing at 1,550 points by year-end.
Bitcoin bounces back
Nuntawun Polkuamdee, Published on 29/01/2024
» Following the US Securities and Exchange Commission's (SEC) approval of 11 Bitcoin exchange-traded funds (ETFs), and with a Bitcoin halving expected in April, the cryptocurrency regained the top spot for asset annual return on investment as its price surged more than 150%.
Rich investors given Bitcoin green light
Business, Nuntawun Polkuamdee, Published on 18/01/2024
» The Securities and Exchange Commission (SEC) plans to allow securities companies to offer trading of spot Bitcoin exchange-traded funds (ETFs) to institutional and high net worth (HNW) investors, but not retail investors.
Gortune allots B1.4bn for FSX stake
Business, Nuntawun Polkuamdee, Published on 05/12/2023
» Gortune International Investment Holding Company, a prominent Chinese group, plans to invest a total sum of 1.4 billion baht to eventually acquire up to 49.9% of SET-listed Finansia X (FSX), becoming the largest shareholder of the Thai securities group.
InnovestX investor base bests 800,000
Business, Nuntawun Polkuamdee, Published on 27/07/2023
» InnovestX Securities, the financial investment flagship of the SCB X Group, has grown its investor base to over 800,000, representing a growth of 110% in offshore stock investors from 2021.
Warning issued for Bitcoin-related stocks
Business, Nuntawun Polkuamdee, Published on 25/01/2023
» Investing in Bitcoin-related stocks remains very risky, analysts warned on Tuesday amid a rally in prices as inflation has begun to slow amid market expectations that interest rate hikes will not be extreme.
SET queries MORE, suspends firm
Business, Nuntawun Polkuamdee, Published on 15/11/2022
» The Stock Exchange of Thailand (SET) on Monday indefinitely suspended More Return Plc (MORE) after noticing irregular trading practices, asking the company for an explanation and requesting brokers take additional measures to monitor trade of the company's shares.
Banks participate in $5m DeFi fundraising
Business, Nuntawun Polkuamdee, Published on 13/09/2022
» The venture capital (VC) arms of Kasikornbank (KBank) and Bank of Ayudhya (BAY) have participated in a US$5-million (about 160 million baht) fundraising to support decentralised finance (DeFi).
Healthcare stocks lead the way
Business, Nuntawun Polkuamdee, Published on 06/06/2022
» Investing in stocks and assets with high pricing power and long-term growth potential has traditionally been a good way to capture gains and stay ahead in an inflationary environment.
Pitching a piece of the local EV market
Business, Nuntawun Polkuamdee, Published on 25/04/2022
» As the global economy transitions to a low-carbon future, green investment in renewable energy and environmentally friendly businesses, including the fast-growing electric vehicle (EV) industry, has become a megatrend that serves to shape markets.