Showing 21 - 30 of 272
One AM downgrades its outlook for Thai bourse
Business, Nuntawun Polkuamdee, Published on 23/08/2023
» One Asset Management (One AM) has cut its forecast for the Stock Exchange of Thailand (SET) index this year from 1,740 points to 1,570 points, citing a potential slowdown of the global and Thai economies, as well as prolonged domestic political uncertainties.
Authorities upbeat despite SET decline
Business, Nuntawun Polkuamdee, Published on 08/08/2023
» The Stock Exchange of Thailand (SET) declined by 6.7% in the first seven months of 2023 to 1,556.06 points at the end of last month but the authorities remain optimistic for the rest of the year based on Thailand's improved economic outlook and China's stimulus measures.
Asian stocks rally after US rate increase
Business, Nuntawun Polkuamdee, Published on 28/07/2023
» The Stock Exchange of Thailand (SET) joined a rally of Asian bourses yesterday after the US Federal Reserve lifted interest rates to a 22-year high and downplayed the prospects of an American recession this year.
Stocks facing pressure if government in limbo
Business, Nuntawun Polkuamdee, Published on 27/07/2023
» The Stock Exchange of Thailand (SET) index could dip to around 1,470 points if a new government cannot be formed until May 2024 when the Senate's term ends, dealing a blow to fiscal budget disbursement over the next three years.
SET upbeat despite plunge in trading value
Business, Nuntawun Polkuamdee, Published on 11/07/2023
» Scandals related to Stark Corporation and other negative factors caused the trading value of the Stock Exchange of Thailand (SET) to plummet by 33% year-on-year in June to 47.9 billion baht, but the bourse remains optimistic that investor confidence will improve in the second half.
SEC pushes for regional green finance
Business, Nuntawun Polkuamdee, Published on 06/07/2023
» The Securities and Exchange Commission (SEC) is working with other Southeast Asian countries to develop green financial products, including sustainability-linked bonds and "Asean Transition" guidelines regarding taxes, according to the Thai regulator.
Analysts downgrade target for Thai bourse
Business, Nuntawun Polkuamdee, Published on 05/07/2023
» The Investment Analysts Association (IAA) has revised down its estimate for the Stock Exchange of Thailand (SET) index this year to 1,630 points from 1,707, indicating domestic politics, interest rates and geopolitics are still factors to monitor in the third quarter.
Foreigners flee Thai stocks
Business, Nuntawun Polkuamdee, Published on 07/06/2023
» Foreign investors sold nearly 100 billion baht worth of Thai shares in the first five months of this year, including 33.4 billion baht divested in May alone, due to rising global interest rates and uncertainties in forming the new government.
Asian Sea, AAI consider relocation if wages rise
Business, Nuntawun Polkuamdee, Published on 30/05/2023
» SET-listed Asian Sea Corporation, a Thai frozen food producer, and its subsidiary Asian Alliance International (AAI) are ready to move their production base to Vietnam or the Philippines if the new coalition government raises the daily minimum wage to 450 baht.
Asian investors hold breath amid US debt drama
Business, Nuntawun Polkuamdee, Published on 27/05/2023
» RECAP: Asian markets mostly rose on Friday but investors remained on edge heading into the weekend amid concern that US debt-ceiling negotiations could still break down.