Showing 1 - 10 of 151
Bualuang slashes year-end SET target to 1,396
Business, Nuntawun Polkuamdee, Published on 04/09/2024
» Bualuang Securities (BLS) has cut its year-end estimate for the Stock Exchange of Thailand (SET) index to 1,396 points from 1,466 points, noting the Thai bourse will remain volatile the last four months of 2024.
SET index tumbles as uptick rule comes into effect
Business, Nuntawun Polkuamdee, Published on 02/07/2024
» The Stock Exchange of Thailand (SET) index fell below the psychological support level of 1,300 points on Monday on domestic political uncertainties, while market regulators imposed the uptick rule to increase their supervision of short-selling transactions.
SET tipped to surge in 2nd half
Business, Nuntawun Polkuamdee, Published on 25/06/2024
» InnovestX Securities expects the Stock Exchange of Thailand (SET) index to bounce back to 1,500 points by the end of 2024, rising from around 1,300 points now, as accelerated budget disbursement and improvement in the manufacturing and tourism sectors propel an economic recovery in the latter half.
Political uncertainties drive stocks down to four-year low
Business, Nuntawun Polkuamdee, Published on 11/06/2024
» Thai stocks plunged to a four-year low on Monday as investors fretted over political uncertainties, with the market awaiting the Constitutional Court's decision on the status of Prime Minister Srettha Thavisin and his cabinet.
Investors pushed to diversify
Business, Nuntawun Polkuamdee, Published on 18/05/2024
» Krungthai Asset Management (KTAM) recommends investors diversify risks and balance their portfolios amid elevated interest rates and the US presidential election in November.
Bitcoin bounces back
Nuntawun Polkuamdee, Published on 29/01/2024
» Following the US Securities and Exchange Commission's (SEC) approval of 11 Bitcoin exchange-traded funds (ETFs), and with a Bitcoin halving expected in April, the cryptocurrency regained the top spot for asset annual return on investment as its price surged more than 150%.
Trading value stays low on Thai bourse
Business, Nuntawun Polkuamdee, Published on 12/09/2023
» Although the Thai stock market index rebounded last month as the new government took office, the average trading value remained low on both the main and secondary bourses on continued worries over the US interest rate policy and the slowing Chinese economy.
Stock investor confidence hits 7-month high in August
Business, Nuntawun Polkuamdee, Published on 07/09/2023
» The Investor Confidence Index (ICI) rose to a seven-month high in August as stock investors were hopeful the formation of a new government and likely economic stimulus measures would revive the Thai economy, already backed by a strong tourism recovery.
Opportunities aplenty
Business, Nuntawun Polkuamdee, Published on 31/08/2023
» As the outlook for stock markets globally remains far from rosy, weighed down by fears of recession, continuing high inflation and elevated interest rates, investors are chasing investment options that can offer a sensible return.
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.