Showing 1 - 5 of 5
US politics dent sentiment but energy shares lift set
Business, Published on 22/05/2017
» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.
Scepticism about Trump tax plan keeps stocks in check
Business, Published on 01/05/2017
» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.
Asian shares drift lower in thin Pre-Holiday trade
Business, Published on 26/12/2016
» Recap: The oil price retreat and lack of positive market-moving factors weighed on Asian stocks last week. Thai shares also tracked the fall in the regional bourses, but buying in tax-saving funds ahead of the year-end limited the downside.
Stocks drift as investors await signals from yellen
Business, Published on 29/08/2016
» Recap: Softer oil prices depressed Asian stock markets last week as investors worldwide also awaited cues on interest rates from Federal Reserve Chair Janet Yellen. The Fed chief on Friday indicated conditions were almost right for a move but she did not say when. The Thai stock market moved in a limited range amid a lack of positive factors to drive activity.
Japanese stimulus plan gives lift to Asian stocks
Business, Published on 01/08/2016
» Recap: Asian stock markets advanced last week, propelled by Japan's bigger-than-expected fiscal stimulus plan, while investors shrugged off a US Federal Reserve statement that opened room for a policy rate hike later this year. Thai shares also climbed higher in liquidity-driven trade.