Showing 1 - 10 of 21
Analysts expected to raise bourse's year-end target
Business, Nuntawun Polkuamdee, Published on 10/09/2024
» The Investment Analysts Association (IAA) is expected to revise up the Stock Exchange of Thailand (SET) end of year target from the current estimate of 1,460 points, boosted by the launch of the Vayupak Fund and Thai ESG Fund, along with the new government's stimulus measures.
Sansiri sells Standard shares to Hyatt
Nuntawun Polkuamdee, Published on 21/08/2024
» Shares of Sansiri Plc (SIRI) rose by nearly 5% on Wednesday after Thailand’s leading property developer announced an agreement to sell shares of the US-based lifestyle hotel Standard International to the Hyatt group for US$355 million.
Investors dump Thai bonds worth B30bn
Business, Nuntawun Polkuamdee, Published on 16/08/2024
» Investors have sold Thai bonds for three consecutive days, tallying nearly 30 billion baht, based on concerns about Thailand's political instability, according to the Thai Bond Market Association (ThaiBMA).
Stocks dip as court ousts premier
Nuntawun Polkuamdee, Published on 14/08/2024
» The Stock Exchange of Thailand (SET) dipped in the afternoon session on Wednesday, wiping out the morning’s gains, as the Constitutional Court dismissed Prime Minister Srettha Thavisin over a cabinet reshuffle, though analysts said the downside would be limited.
Investor confidence stays flat for 5th month in a row
Nuntawun Polkuamdee, Published on 11/07/2024
» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone for a fifth consecutive month in June, though it noted that stimulus measures and companies' earnings reports could improve the sentiment in the second half.
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.
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.
Visa pact to boost stocks
Business, Nuntawun Polkuamdee, Published on 05/01/2024
» Investors are recommended to gradually buy and accumulate travel stocks as the permanent visa-free arrangement between Thailand and China could drive the number of Chinese visitors to rise by 57% this year, with total foreign arrivals reaching 33 million, according to analysts.
Srettha unveils 3 tactics to bolster capital market
Business, Nuntawun Polkuamdee, Published on 08/12/2023
» Prime Minister Srettha Thavisin on Thursday highlighted three approaches to strengthen the capital market under the Pheu Thai-led government, even as "the long-term fundamentals remain sound and resilient".
Brokers allay concerns over naked short selling
Business, Nuntawun Polkuamdee, Published on 29/11/2023
» The Association of Securities Companies (Asco) has reaffirmed there is no naked short selling on the Thai exchange, while the Securities and Exchange Commission (SEC) asked Asco members to adjust their short sell guidelines based on the SEC's instructions.