Showing 1 - 6 of 6
Global shares follow wall street upward
Business, Published on 20/02/2017
» Recap: Wall Street's record highs spurred other stock markets globally early last week. President Donald Trump's comment that his administration would soon unveil a "phenomenal "tax policy spurred the rally in stocks, the dollar and emerging-market assets. Federal Reserve chair Janet Yellen's upbeat assessment of the US outlook and hints at a March interest-rate increase also bolstered investor risk sentiment.
Terror sets tone globally, 4G drama keeps set busy
Business, Published on 28/03/2016
» Recap: Terror attacks in Brussels triggered panic selling last week in major markets, many of which were closed on Friday ahead of Easter. In Thailand, the failure of Jasmine International to pay for its 4G licence prompted a buying spree in telecom stocks as investors see competition easing. However, profit-taking after the rally capped the gains.
Stocks rally after black monday as rate fears ease
Business, Published on 31/08/2015
» Recap: China's Black Monday sparked a sell-off in global stock markets before a relief rally took hold across the world amid hints that the US Federal Reserve would not lift interest rates in September given fragile global conditions. Stimulus measures proposed by the Thai government's new economic team also improved investors' appetite for local shares.
Gains in oil and fall in Dollar lift Asian shares
Business, Published on 20/04/2015
» Recap: Asian stock markets, especially China, Korea, Hong Kong and Malaysia, marched upward in response to an oil price recovery and hopes that the US Federal Reserve will delay its rate increase in light of weaker US economic data. A buying spree in energy shares also pushed up the Thai stock market in the shortened week after the long Songkran holiday.
Set rides wave of ECB euphoria to 5.3% Gain
Business, Published on 26/01/2015
» Recap: An aggressive stimulus move by the European Central Bank (ECB) stoked a global stock rally last week. The Thai market also tracked the euphoria.
Wall street staggers but set powers past 1,600
Business, Published on 29/09/2014
» Recap: Wall Street pulled back last week after disappointing US durable goods orders suggested the recovery might be weaker than thought. However, the Thai stock market continued to march up and finally passed 1,600 points — a level not seen since May last year — on Friday on investor hopes that economic stimulus measures will soon take hold. Window-dressing as the quarter-end approaches also lent support.