Showing 41 - 50 of 76
Analysts predict earnings backslide
Business, Nuntawun Polkuamdee, Published on 07/04/2020
» Aggregate earnings per share (EPS) of SET-listed companies are expected to fall by as much as 25% this year because of the Covid-19 pandemic and plunging oil prices, says the Investment Analysts Association (IAA).
In search of defensive stocks
Business, Published on 04/04/2020
» Global equities have been on a sharp downtrend ever since China began its lockdowns in late January in hopes of containing the spread of the coronavirus. The Thai bourse has also tracked the global weakness. The SET index has plunged 28% to a level equivalent to a price/earnings (PE) ratio of 12.6 times, which is an eight-year low.
SET revives to end another rocky week in Asia
Business, Published on 04/04/2020
» Recap: There was a mixed picture for Asian stock markets as Thailand's benchmark index closed marginally higher and posted its best weekly percentage gain since October 2015, but Hong Kong's Hang Seng slipped to end lower than the previous week. Risk-averse sentiment prevailed against the backdrop of the continued Covid-19 outbreak, with infections surpassing one million globally.
SSFs can't offset market pain
Business, Nuntawun Polkuamdee, Published on 02/04/2020
» Despite a short-term boost for the local stock market from inflows into extra units of Super Savings Funds (SSFs), the second-quarter investment outlook remains dampened by the pandemic, says Asia Plus Securities (ASP).
13 asset firms to offer extra units
Business, Nuntawun Polkuamdee, Published on 31/03/2020
» A total asset value worth 60 billion baht for the "Super Savings Fund extra", offered by 13 asset management companies, is expected to help shore up investment volume in Thailand's stock market, says the Association of Investment Management Companies (AIMC).
SET changes shorting rules amid chaos
Business, Published on 14/03/2020
» The Stock Exchange of Thailand has revised equity short-selling regulations temporarily, stipulating that SET members short-sell stocks only at a price higher than the last trading price, following a series of heavy sell-offs that triggered a circuit breaker.
SET steadies after circuit breaker used twice
Business, Published on 14/03/2020
» Recap: Global bourses were battered this week as the Covid-19 pandemic and plunging oil prices prompted panic-selling worldwide, with a circuit breaker triggered for Thailand's stock market on Thursday and Friday.
Startup fundraising platform inches forward
Business, Published on 12/03/2020
» The Finance Ministry has given the green light for setting up a third stock exchange as a fundraising platform for startup businesses, with operations expected to commence in next year’s first quarter.
SSF deduction to revive sentiment
Business, Nuntawun Polkuamdee, Published on 11/03/2020
» Capital market representatives have received approval from the Finance Ministry for a tax-deductible equity investment incentive through the Super Savings Fund (SSF) mechanism, aiming to stabilise a shell-shocked market.
B400bn booster shot given nod
News, Chatrudee Theparat, Published on 11/03/2020
» The cabinet has given the green light to a stimulus package expected to inject 400 billion baht into the economy to reduce the impact of the Covid-19 epidemic.