Showing 1 - 10 of 10
SET index could slip further amid BoT spat
Nareerat Wiriyapong, Published on 08/06/2024
» The Stock Exchange of Thailand (SET) index could dip below 1,300 points after plunging to a four-year low on Thursday, as political uncertainties loom and news emerged that the Srettha Thavisin coalition government is seeking ways to exert more power at the Bank of Thailand.
Thai stocks tipped to rebound in 2nd half
Nareerat Wiriyapong, Published on 10/05/2024
» Recovering tourism and exports, backed by a weaker baht, along with growing fiscal budget disbursement could support a rebound of the Thai stock market in the second half this year after the index lost 2.7% year-to-date, one of the worst performers globally.
Bourse sees return of foreign funds
Business, Nareerat Wiriyapong, Published on 12/03/2024
» Despite a 3.2% contraction of the Stock Exchange of Thailand (SET) index in the first two months of 2024, foreign funds flew back to the Thai bourse in February as investors lowered their expectations of the Federal Reserve's policy rate cut to only three times this year.
SET index rises amid signs of interest rate cut
Nareerat Wiriyapong, Published on 08/02/2024
» The Stock Exchange of Thailand (SET) index rose above 1,400 points on Wednesday as investors believe the Bank of Thailand issued a clear sign it is ready to cut interest rates later this year to shore up the economy, after it held rates unchanged at its meeting.
Bourse touts promising trio
Business, Nareerat Wiriyapong, Published on 07/02/2024
» Healthcare, tourism and food stocks still hold great potential for investors and for the Stock Exchange of Thailand (SET) to woo other companies operating in these sectors to list on the bourse, although the overall index has yet to fully recover from a significant drop last year, according to SET executives.
Investors wary of SET potential
Business, Nareerat Wiriyapong, Published on 18/10/2023
» When the Stock Exchange of Thailand (SET) rebounded by 1.5% on Oct 11, with foreign investors buying nearly 3 billion baht worth of stocks, veteran investor Watchara Kaewsawang was in no rush to return to the market.
Analysts wary of SET proposal
Business, Nareerat Wiriyapong, Published on 14/10/2023
» Stock market analysts and investors have offered a lukewarm response to Prime Minister Srettha Thavisin's proposal for the Stock Exchange of Thailand (SET) to extend its trading hours, saying they are unsure how the idea will increase trading on the bourse.
CGS-CIMB slashes SET index year-end view
Business, Nareerat Wiriyapong, Published on 13/10/2023
» The Thai unit of CGS-CIMB Securities, majority-owned by the Chinese government, has downgraded its forecast for the Stock Exchange of Thailand (SET) index at year-end from 1,720 points to 1,550 points, citing the country's policy risks.
Rates, weak currency continue to weigh on SET
Business, Nareerat Wiriyapong, Published on 28/09/2023
» The Bank of Thailand's policy rate hike of 0.25% and the weakening baht are pressuring the Stock Exchange of Thailand (SET) after the index already tumbled below the resistance level of 1,500 points, say analysts.
Politics could dim investment
Business, Nareerat Wiriyapong, Published on 11/08/2023
» Though Thailand remains an attractive destination for investments, political uncertainties and delays in forming a new government could lead to a loss of investor confidence and hesitation to commit capital here, says a Thai unit of the France-based global insurer Axa Group.