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Search Result for “market volatility”

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BUSINESS

Anxiety in athens sets tone for gloomy week in Bangkok

Business, Published on 21/05/2012

» Recap: The Stock Exchange of Thailand last week declined in line with global stock markets, which were pressured by worries about Greece and the euro. US economic figures also sent negative signals. The SET index fell below the significant resistance line of 1,150 points. It traded in the range of 1,148.81 and 1,201.23 points and closed last Friday at 1,154.44, a decrease of 3.07% from a week earlier.

WORLD

European stocks slump, euro hits four-month dollar low

AFP, Published on 17/05/2012

» Europe's main stock markets tumbled Thursday and the euro hit a new four-month dollar low as worries spiked over the eurozone debt crisis that is plaguing Greece and now circling Spain.

BUSINESS

Further decline on Greek fiasco

Business, Published on 17/05/2012

» Thai shares dipped another 1.12% yesterday in line with markets worldwide on fears that Greece may be forced to exit the euro zone, which would only deepen the EU's debt wound.

BUSINESS

Baht drops, bonds decline

Published on 11/05/2012

» The baht completed this year's biggest weekly drop and government bonds fell after overseas investors cut holdings of local assets on concern Europe's debt crisis will hurt demand for Asian exports.

WORLD

JPMorgan tarred as shares plunge on $2bn loss

AFP, Published on 11/05/2012

» JPMorgan Chase's shares were pummeled Friday and politicians blasted its CEO Jamie Dimon after the bank reported a shock $2 billion derivatives loss that even the pugnacious chief executive called "egregious."

BUSINESS

Trying to find the perfect alchemy at Union intraco

Business, ShareInvestor, Published on 11/05/2012

» Established on April 30, 1999 as a distributor of innovative chemicals, Union Intraco Plc (UIC) is a Thai-owned company headquartered in Bangkok. Initially, UIC specialised in the domestic market. However, as it earned a reputation for its innovative approach, it secured distribution agreements with chemical manufacturers and suppliers worldwide. It eventually became a public limited company with authorised capital of 130 million baht in 2010 and listed on the Market for Alternative Investment in June 2011. CEO Perajed Suwannapasri discusses the company's strategy and outlook.What is UIC's business model?

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BUSINESS

Somkid speaks on sufficiency

Business, Soonya Vanichkorn, Published on 11/05/2012

» While public spending is crucial for growth, it should be undertaken with prudence and not merely to achieve short-term stimulus, says Somkid Jatusripitak, a former deputy prime minister.

BUSINESS

Baht sees calm year so far, tighter range

Business, Parista Yuthamanop, Published on 09/05/2012

» Higher demand for import goods and gold has helped smooth volatility of the baht this year, but the Bank of Thailand expects the anti-austerity outcome of the French and Greek elections to affect sentiment for the euro.

THAILAND

Satisfying a balanced risk appetite

Spectrum, Published on 06/05/2012

» Despite the fears expat investors have about the volatility of global markets, there are still good options suited to various types of portfolios. These do not necessarily involve taking significant risks to make reasonable returns.

BUSINESS

SET index likely to test 1,350, says KSec

Business, Darana Chudasri, Published on 04/05/2012

» The Stock Exchange of Thailand index could rise by another 9% to hit 1,350 points as analysts revise upwards earnings projections for listed firms amid the strong economic recovery, says a senior equities strategist at Kasikorn Securities (KSec).