Showing 1 - 10 of 126
Stocks to rebound on government optimism - analysts
Bloomberg News, Published on 04/07/2023
» Thailand’s stocks may rebound in the fourth quarter as the appointment of a new government will likely bolster optimism about the prospects of fiscal stimulus spurring sluggish economic growth, according to a survey of analysts.
A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
SET to overhaul listing rules as stocks whacked by scandals
Bloomberg News, Published on 22/06/2023
» The Stock Exchange of Thailand plans to tighten listing rules as a major accounting scandal, debt defaults and unexplained share gyrations rattle investors, putting the SET Index on course for its lowest close in more than two years.
Rice glut will be put to test with El Niño’s return
Bloomberg News, Published on 15/06/2023
» The world is awash in rice with global stockpiles at close to record levels. El Niño’s arrival will put those reserves to the test.
New govt needed to stem fund exodus, says Srettha
Bloomberg News, Published on 14/06/2023
» Thailand needs to install a new coalition government headed by prime ministerial frontrunner and Move Forward Party (MFP) leader Pita Limjaroenrat at the earliest to allay investor concerns and stem an exodus of foreign funds from the nation’s stocks and bonds, according to Srettha Thavisin, a core member of the Pheu Thai Party.
Coalition talks spook markets amid split over LM
Bloomberg News, Published on 19/05/2023
» Thailand’s pro-democracy parties faced built-in obstacles to forming a government even before a historic win in Sunday’s general election. Now that resistance is starting to take shape, making investors wary of a protracted political uncertainty.
Stocks move sideways as foreigners unload on rate outlook
Bloomberg News, Published on 09/02/2023
» A rally in Thai equities that sent the benchmark SET Index to a fourth straight monthly gain in January is losing steam as foreign investors pulled out money for eight straight days, the longest stretch of withdrawals in more than seven months.
JPMorgan expects more IPOs, takeovers as baht gains
Bloomberg News, Published on 24/01/2023
» The Thai baht rally will help reverse a slump in its market for initial public offerings and provide fire-power for overseas acquisitions by Thai companies, according to JPMorgan Chase & Co.
Thai stocks are top pick in Asean on tourism outlook: JPMorgan
Bloomberg News, Published on 19/01/2023
» A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co in Southeast Asia.
JPMorgan’s top pick in Asean is Thai stocks on tourism outlook
Bloomberg News, Published on 19/01/2023
» A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co in Southeast Asia.