Showing 1 - 10 of 25
Lukewarm response to allowing brewers' IPOs
Nareerat Wiriyapong, Published on 08/01/2026
» Analysts were lukewarm on the Stock Exchange of Thailand's (SET) plan to open the door to alcoholic beverage listings, arguing the Thai market has limited growth to attract large-scale brewers.
Thai stocks face further falls amid oil and banking woes
Business, Nareerat Wiriyapong, Published on 30/01/2025
» The Stock Exchange of Thailand (SET) index risks falling below 1,300 points after testing a low of 1,335 on Tuesday, as oil-related stocks continue to drag down the bourse, while banking stocks may be affected by the Cyber Security Act, say analysts.
Thaivivat Holdings shares jump by more than 5% after Itochu move
Business, Nareerat Wiriyapong, Published on 17/01/2025
» Shares of Thaivivat Holdings (TVH) on the Stock Exchange of Thailand (SET) jumped by more than 5% yesterday after the insurance firm announced Japanese trading house Itochu would buy roughly 20% of its subsidiary Thaivivat Insurance (TVI).
Delta shares dip 18% on SET measure
Business, Nareerat Wiriyapong, Published on 22/11/2024
» Shares of Delta Electronics (Thailand) plunged by almost 20% in morning trade yesterday after the Stock Exchange of Thailand (SET) imposed market surveillance measures on the bourse's largest stock in terms of market capitalisation, citing unusual trading patterns.
Energy Absolute launches probe into fraud claims
Business, Nareerat Wiriyapong, Published on 16/07/2024
» SET-listed Energy Absolute (EA) has set up a committee to look into the alleged fraud committed by its former chief executive and chief financial executive, yet the renewable energy producer insisted it would go ahead with a 5.5-billion-baht bond issuance, despite the recent negative developments pertaining to the company's credibility.
Gold traders eye $2,500 this year amid frenzied buying
Business, Nareerat Wiriyapong, Published on 07/05/2024
» Local gold traders say global prices remain on course to reach US$2,500 per ounce in the second half of 2024, after slipping below $2,300 recently, although the market lowered expectations for US interest rate cuts to a maximum of two times this year, down from 3-4 earlier.
Gold price peaks as SET index dips
Business, Nareerat Wiriyapong, Published on 20/04/2024
» Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.
K-Research expects more baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar yesterday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
More baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
Global gold prices see uptick, domestic level sets record
Business, Nareerat Wiriyapong, Published on 15/03/2024
» The Gold Traders Association (GTA) has raised its outlook for global gold prices to US$2,250 per ounce by the end of this year, up from $2,100, as domestic prices rose to a record high of 36,700 baht per baht weight on Thursday morning.