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Stocks rally on FED signal but SET fails to respond
Business, Published on 23/03/2015
» Recap: Global stock markets rallied strongly and foreign fund flows returned to risky asset classes including equities after the US Federal Reserve signalled that it would not start raising its interest rates until later this year, easing concerns of an increase as soon as June.
Set recovers from manic monday with help from FED
Business, Published on 22/12/2014
» Recap: Global stock markets were jolted by further slide in oil prices early last week, but the US Federal Reserve's assurances on Wednesday that it would be "patient" about raising interest rates revived sentiment. The Thai stock market was also rattled further by an unspecified rumour that sent the SET index plunging 9.2% at one point on Monday — the biggest intraday fall since October 2008 — before bargain-hunting narrowed the loss. The SET said it found no irregularities in the slide, putting it down to panic selling.