Showing 11 - 20 of 24
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.
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.
SET sees foreign investors as waiting
Business, Nareerat Wiriyapong, Published on 07/10/2023
» Foreign investors are expected to return to the Thai stock market when they see progress in the government's economic policies, baht stability, and an improving economy, says the Stock Exchange of Thailand (SET).
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.
Leading Chinese investors to the SET
Business, Nareerat Wiriyapong, Published on 16/09/2023
» Bearish sentiment this year may prompt many investors to shy away from the Thai stock market.