Showing 1 - 10 of 13
Upward trend intact despite recent wobbles
Business, Published on 07/09/2019
» The SET index moved off its high of 1,709 points to hit a low of 1,590 in August. The index later bounced back and drifted sideways before advancing towards 1,654 in the final week of the month, which also breached the 10-year uptrend line at 1,645. This indicates that the major uptrend has remained intact.
Investors move to sidelines ahead of general election
Business, Published on 16/03/2019
» The SET Index moved sideways amid softer turnover this week as many investors started to move to the sidelines ahead of the March 24 general election. We expect Thai shares to continue in a sideways/sideways-down pattern for another week before staging a post-election rally.
Thai-Chinese railway expected to yield stock gains
Business, Nuntawun Polkuamdee, Published on 20/06/2017
» The long-delayed Thai-Chinese high-speed railway line, soon to break ground after the invocation of Section 44 to clear technical and legal hurdles, is expected to help construction stocks outshine others this week.
Scepticism about Trump tax plan keeps stocks in check
Business, Published on 01/05/2017
» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.
Late rally dispels gloom from weak Chinese GDP
Business, Published on 26/10/2015
» Recap: Global stock markets rallied late last week after the European Central Bank hinted at more stimulus and some top US corporations reported healthy earnings. The mood had been downbeat earlier after China reported third-quarter GDP growth below 7% for the first time since the 2008 global crisis. However, investors remain cautious ahead of this week's US Federal Reserve meeting.
Global slowdown, local woes push down stocks
Business, Published on 27/07/2015
» Recap: Downbeat manufacturing data from China and the euro zone rattled global stock markets and sank gold prices to a five-year low last week. Concerns over Thailand's dimming economic prospects in the second half also pushed down local shares.
Wall street jumps but factory data a worry
Business, Published on 27/04/2015
» Recap: While US markets surged, many other global stock markets sagged in response to disappointing factory activity in China, Japan and the euro zone, and concerns over Greek debt. The same worries pushed down Thai stocks.
SET fails to advance despite surprise rate cut
Business, Published on 16/03/2015
» Recap: US and global stock markets climbed for most of last week, propelled by eased worries over a US rate increase following a report of disappointing retail sales in February. In the Thai stock market, the Bank of Thailand's unexpected move to cut its policy rate improved investors' risk appetite but stocks still failed to advance.
Hope in greece and Ukraine helps lift global stocks
Business, Published on 16/02/2015
» Recap: Global bourses early last week were jolted by nerves over Greece's finances, and downbeat Chinese trade data, but rebounded later on a peace agreement in Ukraine and European Central Bank approval of more emergency liquidity to Greece. The Thai stock market also rose slightly.
Oil price plunge greases the skids for stocks
Business, Published on 15/12/2014
» Recap: The dive in oil prices to below US$60 a barrel rattled stock markets across the world last week and Thai shares were among those heavily sold.