Showing 21 - 30 of 98
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.
PM: Investment key to high-income economy
Aekarach Sattaburuth, Published on 03/05/2024
» The government aims to develop Thailand into a high-income economy through foreign investment and a raft of projects that will improve people’s quality of life, Prime Minister Srettha Thavisin said on Friday.
Asian shares slump as Mideast risk rises
Published on 20/04/2024
» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.
March investor confidence stays virtually unchanged
Business, Nuntawun Polkuamdee, Published on 11/04/2024
» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone in March as the market expects more economic stimulus, while fund outflows continued and delays to the US Federal Reserve's interest rate cuts undermined sentiment.
Bourse sees foreign outflows of B68.9bn in first quarter
Business, Nuntawun Polkuamdee, Published on 10/04/2024
» Foreign investors sold Thai stocks worth 68.9 billion baht in the first quarter, including 41.2 billion in March alone, attributed to the delay in expected US interest rate cuts, economic conditions and weaker operating results of listed Thai companies than firms listed on other exchanges, according to the Stock Exchange of Thailand (SET).
SET looking for catalysts to restore momentum
Business, Published on 06/04/2024
» The SET index found support at 1,350 in the first week of March and later bounced back. The 1,350 level has acted as a critical support through the entire quarter as the market struggles to sustain momentum. Among the key factors influencing the market:
Shares dip amid rate uncertainty, high oil prices
Business, Published on 06/04/2024
» RECAP: Shares in Asia declined yesterday, tracking US stocks as interest rate uncertainty, high oil prices and geopolitical tensions weighed on sentiment.
Thai stock exodus deepens amid corporate woes
Bloomberg News, Published on 27/03/2024
» A market revival for Thailand just is not coming.
PM's roadshows likely to draw B558bn
Phusadee Arunmas, Published on 27/03/2024
» Prime Minister Srettha Thavisin's recent roadshows to 14 countries to promote investment in Thailand are expected to draw an influx of at least 558 billion baht, according to the Board of Investment (BoI).
Extended trading hours fail to help
Business, Published on 26/03/2024
» The 30-minute extension of the Stock Exchange of Thailand's (SET) trading hours and the possibility that the Bank of Thailand will start cutting interest rates next month failed to boost the Thai market on Monday as investors worried about a possible backlash to an early rate cut and the consequences of Friday's terrorist attack on the outskirts of Moscow.