Showing 1 - 10 of 25
Brokerages pick tourism-related stock winners
Business, Nuntawun Polkuamdee, Published on 31/01/2024
» Brokerages have identified seven tourism-related stocks on the Thai bourse that should be major beneficiaries of the Thailand-China free visa policy signed earlier this week, which is expected to significantly increase arrivals from the mainland this year.
Visa pact to boost stocks
Business, Nuntawun Polkuamdee, Published on 05/01/2024
» Investors are recommended to gradually buy and accumulate travel stocks as the permanent visa-free arrangement between Thailand and China could drive the number of Chinese visitors to rise by 57% this year, with total foreign arrivals reaching 33 million, according to analysts.
KAsset is feeling bullish on China amid reopening
Business, Nuntawun Polkuamdee, Published on 29/04/2023
» Kasikorn Asset Management (KAsset), the largest mutual fund company by assets under management (AUM), reports a healthy start to the year with net inflows of more than 30 billion baht in the first quarter.
Asian shares revive after big US tech rally
Business, Nuntawun Polkuamdee, Published on 29/04/2023
» RECAP: Shares in Asia rallied yesterday after robust earnings from tech giants Meta, Microsoft and Alphabet buoyed Wall Street, where the S&P 500 had its best day since the first week of the year.
Asian equities retreat on US slowdown worries
Business, Nuntawun Polkuamdee, Published on 22/04/2023
» RECAP: Asian and European markets fell yesterday on lingering recession worries as data indicated the US economy was slowing down. Thailand has low recession risk but the SET has slid amid negative global sentiment and falling oil prices.
Asian markets rally amid thin Easter weekend trade
Business, Nuntawun Polkuamdee, Published on 08/04/2023
» RECAP: Most Asian markets rallied yesterday after a sell-off the previous day in reaction to more evidence of a US economic slowdown. Trade was thin as many Western markets observed the Good Friday holiday.
Lingering bank worries keep lid on Asian shares
Business, Nuntawun Polkuamdee, Published on 25/03/2023
» RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.
Asian shares slide, SET falls on weak GDP data
Business, Nuntawun Polkuamdee, Published on 18/02/2023
» RECAP: Asian shares and currencies slipped on Friday as strong economic data from the US and hawkish Federal Reserve comments revived fears that the US central bank will stick to its path of interest rate increases to tame inflation.
Regional shares retreat, foreign selling continues
Business, Nuntawun Polkuamdee, Published on 11/02/2023
» RECAP: Asia-Pacific stocks retreated on Friday, slumping towards a second weekly loss as investors fretted about the potential for further US Federal Reserve tightening.
Stocks to benefit from Beijing's move
Business, Nuntawun Polkuamdee, Published on 24/01/2023
» Stocks in the tourism, aviation and pharmaceutical sectors are the major beneficiaries of China's announcement to allow group tours to visit 20 countries effective as of Feb 6, analysts said.