Showing 1 - 10 of 11
Oil, war, pandemic: Economic costs mount
Business, Published on 14/03/2022
» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.
Share trade subdued after long-expected Fed move
Business, Published on 19/06/2017
» Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.
Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
Set moves ahead as dow hits 20,000 point milestone
Business, Published on 30/01/2017
» Recap: The Dow Jones Industrial Average last week crossed the 20,000 mark for the first time, lifting Thai shares by 1% on Thursday to a two-year high before rally slowed at the end of the week. European equities slipped and trading in Asia was subdued because of the Lunar New Year holidays.
Set slides below 1,500 on weak earnings outlook
Business, Darana Chudasri, Published on 01/06/2015
» Recap: Anxiety over a potential Greek debt default and tightening margin trading requirements for Chinese brokers rattled Asian stock markets last week. Gloomy earnings prospects and the Thai economic slowdown pulled the local bourse below 1,500 points.
Wall street jumps but factory data a worry
Business, Published on 27/04/2015
» Recap: While US markets surged, many other global stock markets sagged in response to disappointing factory activity in China, Japan and the euro zone, and concerns over Greek debt. The same worries pushed down Thai stocks.
Surprise from Tokyo gives Asian shares a boost
Business, Published on 03/11/2014
» Recap: Asian stock markets gained last week, buoyed by the Bank of Japan's surprise move on Friday to expand its stimulus programme. The SET Index moved in a range of 1,547.89 and 1,584.35 points and closed at 1584.16, up 2.9% from the preceding week, in trade worth an average of 47.44 billion baht a day.
Wall street staggers but set powers past 1,600
Business, Published on 29/09/2014
» Recap: Wall Street pulled back last week after disappointing US durable goods orders suggested the recovery might be weaker than thought. However, the Thai stock market continued to march up and finally passed 1,600 points — a level not seen since May last year — on Friday on investor hopes that economic stimulus measures will soon take hold. Window-dressing as the quarter-end approaches also lent support.
SET index rises 7.28 points
Online Reporters, Published on 28/02/2014
» Thai stocks advanced 0.55% on Friday after market officials went on a PR offensive to stress that local companies’ fundamentals could withstand the impact of protracted political turmoil.