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Search Result for “short selling”

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GENERAL

Big Tech sell-off takes toll on Asian equities

Business, Published on 27/07/2024

» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.

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GENERAL

Ministry move aims to maintain prices

Business, Wichit Chantanusornsiri, Published on 26/07/2024

» The Finance Ministry looks set to help purchase mangosteens and longans at the beginning of the season, which is expected to run from July to August this year, to help elevate the prices of early-season produce.

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GENERAL

Thai ESG Fund expected to receive cabinet green light on Tuesday

Business, Nareerat Wiriyapong, Published on 23/07/2024

» The cabinet is expected to endorse the new Thai ESG Fund on Tuesday, with analysts hoping the revised conditions of the environmental, social and governance (ESG) focused fund will boost trading on the Stock Exchange of Thailand (SET) by 40-50 billion baht a year.

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GENERAL

CrowdStrike shares tumble 13% on IT outage impact

Reuters, Published on 22/07/2024

» Shares of CrowdStrike plunged 13% on Monday, extending their loss-making streak, after Wall Street analysts downgraded the stock on concerns over the financial fallout from a global cyber outage last week.

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INVESTMENT

Uptick rule helping to make SET more robust

Business, Published on 20/07/2024

» The Thai stock market has become more robust over the past three weeks following the introduction of an uptick rule that has helped tighten control over short-selling and reduced volatility.

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GENERAL

Bid to revive confidence after EA fraud claim

Business, Wichit Chantanusornsiri, Published on 17/07/2024

» Following the alleged fraud committed by the former chief executive and chief financial executive of SET-listed Energy Absolute (EA), the Finance Ministry has vowed to take decisive action to rebuild confidence in the Thai capital market.

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OPINION

Alternative investments will cost Gen Zs dearly

News, Published on 17/07/2024

» Younger investors are thinking about their investment portfolios all wrong, and it's not entirely their fault. Ultimately, it's up to them to recognise where the best long-term returns lie before too much precious time is wasted.

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GENERAL

Energy Absolute stock dives as CEO quits, rating is cut on probe

Published on 16/07/2024

» Energy Absolute Plc (EA) shares plunged by the 30% daily limit on Tuesday after the founder and chief executive quit over a fraud probe and its credit rating was slashed to junk, even as the renewables company said it is seeking outside support for its business.

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GENERAL

Why is the SET in a protracted slump?

Business, Nareerat Wiriyapong, Published on 11/07/2024

» On July 1, with investors searching for clues about their investments in the second half of 2024, the Stock Exchange of Thailand (SET) index slipped below the psychological level of 1,300 points for the second time in a month.

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INVESTMENT

Foreign inflows to Thai stock market rise

Nuntawun Polkuamdee, Published on 10/07/2024

» The Stock Exchange of Thailand (SET) has been seeing signs of a return of foreign fund inflows to the Thai stock market in the second half of 2024, supported by the anticipated US Federal Reserve interest rate cut, the rebounding Thai economy, and the financial results of listed companies.