Showing 1 - 10 of 33
Asian markets retreat ahead of Powell speech
Business, Nuntawun Polkuamdee, Published on 26/08/2023
» RECAP: A mini-rally on most Asian markets came to a halt yesterday ahead of a keenly awaited speech by US Federal Reserve chief Jerome Powell at around 9pm Thailand time, with traders increasingly worried about higher US interest rates.
SET moves lower despite upbeat Asian trend
Business, Nuntawun Polkuamdee, Published on 04/03/2023
» RECAP: Asian shares rose yesterday on prospects for a steady economic recovery in China, and after Wall Street reversed losses following remarks by a Fed official that signalled a measured approach to raising US interest rates.
Tourism stocks surge as China removes travel curbs
Business, Nuntawun Polkuamdee, Published on 28/12/2022
» Thai tourism stocks soared yesterday on news that Beijing is lifting travel curbs earlier than expected, boosting hopes that Thailand's tourism sector, trade and spending would recover much faster than the previous forecast.
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.
Markets plunge on new variant fears
Business, Nuntawun Polkuamdee, Published on 27/11/2021
» Thai and global stock markets slumped yesterday after the emergence of a new and likely more contagious Covid-19 variant called B.1.1.529 that triggered a risk-off sentiment.
DBS Vickers predicts lively local bourse in short term
Business, Nuntawun Polkuamdee, Published on 12/10/2021
» The SET Index is expected to rise to 1,695 points this year and continue to 1,848 points next year as market sentiment has started to pick up thanks to the improving pandemic situation, says DBS Vickers Securities.
Emerging markets fret over Covid, China crackdown
Business, Nuntawun Polkuamdee, Published on 07/08/2021
» Recap: Emerging markets remained under pressure yesterday from the worsening pandemic and China's regulatory crackdown. Equity futures in Europe and the US were steady ahead of US payrolls data, after solid earnings pushed shares to record highs.
ASPS recommends safe stocks, holding cash as cases mount
Business, Nuntawun Polkuamdee, Published on 09/07/2021
» The handling of the pandemic remains a worry and with a looming lockdown expected to be announced today, the Thai stock market took a tumble.
Outbreak causes SET jitters, but rubber gloves bounce
Business, Nuntawun Polkuamdee, Published on 08/04/2021
» A fresh round of Covid-19 infections in Bangkok has sparked fears of a prolonged lockdown, causing the SET Index to plunge 1.46% or by 23.10 points, closing at 1,556.56 points in trade worth 108 billion baht on Wednesday, propelling investors towards safe-haven assets like gold.
TFEX to add silver, rubber trade
Business, Nuntawun Polkuamdee, Published on 06/11/2020
» The Thailand Futures Exchange (TFEX) is preparing to release two new products before the end of the year: silver online futures and Japanese rubber futures.