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Search Result for “SET index”

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BUSINESS

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.

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BUSINESS

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.

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BUSINESS

Asia's factories signal more pain as China recovery falters

Bloomberg News, Published on 01/06/2023

» SINGAPORE: Asia’s factories saw further easing in demand in May as China's faltering recovery weighed on a region already smarting from a global trade downturn.

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BUSINESS

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.

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BUSINESS

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.

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BUSINESS

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.

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BUSINESS

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.

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BUSINESS

Singapore retreat from retail crypto opens way for rivals

Bloomberg News, Published on 28/10/2022

» SINGAPORE: Asia may be heading for a reordering of sorts in cryptocurrency markets, with Hong Kong moving to legalize retail trading of digital tokens just as Singapore looks to impose fresh restrictions on consumers.

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BUSINESS

Meat producer Betagro to raise B17.4bn in Bangkok IPO

Bloomberg News, Published on 04/10/2022

» Thai meat producer Betagro Plc plans to raise about 17.4 billion baht (US$462 million) to fund its business expansion, in what would be the country’s second-largest initial public offering this year.

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BUSINESS

Elon Musk sells $6.9bn of Tesla to avoid Twitter fire sale

Bloomberg News, Published on 10/08/2022

» Elon Musk sold US$6.9 billion of his shares in Tesla Inc, the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to buy Twitter Inc.