Showing 1 - 2 of 2
Share trade subdued after long-expected Fed move
Business, Published on 19/06/2017
» Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.
Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.