Showing 71 - 80 of 108
SET looking to rebound from 3-year lows
Published on 11/11/2023
» The Stock Exchange of Thailand plunged by another 6% in October, matching its 6% drop in September, closing the month at 1,381.83 points (down 6.1% month-on-month), with average daily turnover declining almost 5% to only 45.6 billion baht. With these two big drops, the SET hit a three-year low at 1,371.22 points in late October.
Asian shares fall as Fed talks tough on rates
Business, Published on 11/11/2023
» RECAP: Shares in Asia fell yesterday after the head of the US Federal Reserve warned interest rates may have to climb further, stunting a rally in stocks and bonds and sending investors back to the dollar.
Asian equities rise amid expected rate relief
Business, Published on 04/11/2023
» RECAP: Stocks and currencies in Asia gained in line with a weakening of the US dollar, as traders embraced riskier assets on prospects the Federal Reserve's tightening cycle is nearing an end.
SET volatility to persist but sell-offs ease
Business, Published on 04/11/2023
» The SET index is poised for volatility in November, driven by various uncertainties including the Israel-Hamas conflict and continuing concerns about US interest rates.
Thai stocks could face further losses
Business, Nareerat Wiriyapong, Published on 02/11/2023
» A possible delay to the costly digital wallet scheme and a slower than expected tourism recovery could dampen sentiment in the Thai stock market this month after the index contracted 6.1% in October and is down 17.2% year-to-date, say analysts.
Asian equities track Wall Street higher
Business, Published on 28/10/2023
» RECAP: Asian shares tracked Wall Street futures higher on Friday as Amazon.com provided welcome earnings relief, while Treasury yields fell on signs of easing inflation, underscoring expectations that the US central bank is done raising rates.
SET plummets for several reasons
Nuntawun Polkuamdee, Published on 26/10/2023
» Escalation of the Middle East war, uncertainty about the US interest rate trend and concerns about third-quarter financial results of local listed companies pressured the Thai stock market to dip by more than 2% on Thursday.
Stocks set for another week of decline
Business, Nareerat Wiriyapong, Published on 25/10/2023
» After slipping below 1,400 points last Friday, the Stock Exchange of Thailand (SET) index is likely to remain on a downward trend this week, possibly reaching 1,330-1,350 points as negative factors linger, according to analysts.
SET consolidating after initial shock from Mideast
Business, Published on 21/10/2023
» The benchmark SET index slid more than 30 points on Monday before consolidating around 1,420 to 1,430 as selected stocks and sectors gained. Monday's hefty sell-off was triggered by events in the Middle East as Israel's retaliation against Hamas ignited worries that the situation may escalate and drag other groups into the conflict. Oil prices surged in tandem with rising geopolitical tension.
Brokerages advise clients to buy 'safe' stocks amid war
Business, Nuntawun Polkuamdee, Published on 18/10/2023
» Investors are being advised to buy and hold oil and high-dividend stocks as well as securities related to domestic consumption to avoid fluctuations from negative global factors such as the Israel-Hamas war, according to analysts.