Showing 1 - 9 of 9
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
Lukewarm lending growth for listed banks
Business, Somruedi Banchongduang, Published on 25/07/2017
» Eleven listed commercial lenders' total loans expanded at a tepid pace in the first half, rising slightly less than 2% since the end of last year and reflecting banks' cautious approach and lukewarm loan demand.
Share investors tread cautiously ahead of Fed meeting
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
China anxiety hits shares, Set endures volatile week
Business, Published on 17/10/2016
» Recap: Disappointing Chinese trade data that revived concerns about the world's second largest economy weighed on global market sentiment last week. Thai shares experienced wild swings throughout the week on domestic worries, plunging below 1,400 points before buying on dips reversed the sharp drop on Friday.
Charter vote lifts set in good week for stocks
Business, Published on 15/08/2016
» Recap: Asian stock markets advanced last week, buoyed by a big gain in US jobs in July and a slowdown in the decline of Chinese producer prices. The Thai stock market rallied as investors' confidence in political stability improved after voters endorsed the draft constitution by a margin of 61% to 39% in the Aug 7 referendum. The SET was closed on Friday so there has been no market reaction yet to a series of deadly bombings that hit five southern provinces.
Bank worries depress set as global stocks advance
Business, Published on 20/07/2015
» Recap: Most global stock markets climbed last week after Greek MPs approved austerity measures in exchange for a new bailout, and China's second-quarter economic growth beat forecasts. The Thai market, however, struggled as investors weighed the prospect of higher loan-loss provisions taking a bite out of banks' second-quarter earnings.
Rate cut buoys set ahead of holiday as global stocks drift
Business, Nuntawun Polkuamdee, Published on 04/05/2015
» Recap: Global bourses moved mostly lower in response to disappointing US economic data and despite Federal Reserve signals that interest rates would not rise anytime soon. In Thailand, the SET rebounded on Thursday after the Bank of Thailand surprised the market by cutting its policy rate by 25 basis points to 1.50%.
Little movement on set Amid Global fluctuations
Business, Nuntawun Polkuamdee, Published on 17/11/2014
» Recap: Global and Asian stock exchanges fluctuated last week due to a lack of positive factors to bolster sentiment. The SET Index moved in a narrow range of 1,555.78 and 1,580.92 points and closed at 1,575.88, down 0.16% from the previous week, on brisk average daily turnover of 52.62 billion baht. Foreign investors were net buyers of 960 million baht and brokers bought 1.33 billion more than they sold. Institutions were net sellers of 510 million baht and retail investors pulled 2.11 billion out of market.
Upbeat global mood helps keep set in black
Business, Published on 22/09/2014
» Recap: Asian stock markets advanced early last week on speculation that China will introduce monetary stimulus measures, but stocks pulled back after the US Federal Reserve surprisingly increased its estimate for its benchmark interest rate by the end of 2015. However, persistent offshore fund inflows helped the Thai market trade in positive territory.