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Search Result for “oil”

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BUSINESS

Listed companies see profits surge 80% to B986bn in 2021

Business, Nuntawun Polkuamdee, Published on 15/03/2022

» Thai listed companies recorded a nearly 80% rise in net profit to 986 billion baht in 2021, as rising oil and commodity prices supported related businesses and the government's easing of pandemic restrictions spurred economic recovery.

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BUSINESS

Planned talks buoy sentiment

Business, Nuntawun Polkuamdee, Published on 11/03/2022

» Thai stocks rebounded while oil and gold stalled as planned talks between Russia and Ukraine improved market opinion.

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BUSINESS

Uneasiness still stifling bourse

Business, Nuntawun Polkuamdee, Published on 09/03/2022

» Thai stocks extended their losses, falling below the support line to an intra-day low of 1,580.80 points before recovering to finish at 1,619.10 points, as investors fear the protracted Russia-Ukraine war and soaring oil prices will fan inflation and stunt global economic growth.

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BUSINESS

Thai market dips on Ukraine news

Business, Nuntawun Polkuamdee, Published on 05/03/2022

» The Thai stock market tumbled in line with regional markets yesterday morning after the report of Russia's attack on Ukraine's Zaporizhzhia nuclear power plant stoked fears of nuclear catastrophe.

BUSINESS

Profits of Thai listed firms exceed analysts' forecasts

Business, Nuntawun Polkuamdee, Published on 02/03/2022

» The total net profit of Thai listed companies rose 50% to 275 billion baht year-on-year in the fourth quarter of 2021, exceeding analysts' forecast, according to Asia Plus Securities (ASPS).

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BUSINESS

Bourse bounces back after invasion

Business, Nuntawun Polkuamdee, Published on 26/02/2022

» The Thai stock market rebounded yesterday following the Russian invasion of Ukraine as investors believe US sanctions targeting the Russian financial sector will have a limited effect on the energy sector and the global economy.

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BUSINESS

Stocks, gold diverge on war, Covid news

Business, Nuntawun Polkuamdee, Published on 25/02/2022

» The Thai stock market tumbled 1.99% on Thursday while local gold prices rose by 850 baht after Russia launched attacks on multiple Ukraine cities.

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BUSINESS

Gloom lingers amid Ukraine, Covid woes

Business, Nuntawun Polkuamdee, Published on 23/02/2022

» Thai shares extended their declines on Tuesday because of intensifying tension between Russia and the West as well as surging local Covid-19 cases.

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BUSINESS

The asset that never loses its sheen

Business, Nuntawun Polkuamdee, Published on 21/02/2022

» With a reputation as a safe-haven asset, gold has historically been perceived as a core risk diversification asset and an efficient tool to preserve and pass on wealth to the next generation.

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BUSINESS

Thai large-cap stocks lure foreign funds

Business, Nuntawun Polkuamdee, Published on 11/02/2022

» Foreign funds continue to flow into Thai large-cap stocks, pushing the SET Index past 1,700 points, the highest level in two years since the Covid outbreak started at the beginning of 2020.