Showing 1 - 10 of 20
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.
K-Research: Baht may slip to 37 per dollar
Business, Nareerat Wiriyapong, Published on 21/02/2024
» The baht could slide to 37 to the dollar later this year as a weakening Thai economy and a delay in US interest rate cuts pressure the Thai currency, says Kasikorn Research Center (K-Research).
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.
The showdown over interest rates
Business, Nareerat Wiriyapong, Published on 11/01/2024
» Tensions are growing as Prime Minister Srettha Thavisin and the Finance Ministry continue their stand-off with the Bank of Thailand after the premier repeatedly suggested the central bank should cut interest rates as inflation has subsided.
Fed rate cut poised to drive rebound of Thai bourse
Business, Nareerat Wiriyapong, Published on 13/12/2023
» The Federal Reserve is expected to start cutting interest rates in March 2024, prompting investors to accept more risk and invest in equities, driving a rebound of the Stock Exchange of Thailand (SET) next year, the Thai bourse said yesterday.
Global interest rates likely to fall
Business, Nareerat Wiriyapong, Published on 30/11/2023
» Central banks all over the world are expected to start cutting interest rates by mid-2024, encouraging foreign capital to flow back to stock markets in Asia including Thailand, which should gain from intensified geopolitical conflicts, say leading economists.
Generali unit emphasises portfolio quality
Business, Nareerat Wiriyapong, Published on 28/10/2023
» With a 192-year history, Generali is one of the oldest insurance companies worldwide with assets under management tallying €618 billion and 82,000 employees as of last year.
Stocks sink ahead of three-day weekend
Nareerat Wiriyapong, Published on 20/10/2023
» The Stock Exchange of Thailand (SET) index plunged below 1,400 points on Friday ahead of the three-day weekend, as other regional markets also tracked Wall Street’s overnight declines amid hawkish statements from the US Federal Reserve about further US interest rate hikes.