Showing 1 - 10 of 22
Baht tipped to rise to 36.1 to the greenback
Business, Nareerat Wiriyapong, Published on 09/07/2024
» The baht could appreciate further to 36.1 to the US dollar in the short term following recent gains to a one-month high on Monday as weaker than expected US economic data prompted the market to anticipate the Federal Reserve may start trimming US interest rates in September.
Economic outlooks diverging in second quarter
Business, Published on 24/04/2021
» It is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers' indices and labour market indicators, show good signs of revival.
Most EPS forecasts revised downward
Business, Published on 14/09/2019
» We have cut our earnings per share (EPS) forecasts for 2019 and 2020 after the Stock Exchange of Thailand reported second-quarter EPS of 20.53 baht, well below our expectations of 23.30 baht, as well as a string of earnings downgrades for stocks under (and outside) Tisco's coverage.
Point of view
Business, Published on 27/10/2018
» On Oct 24, the S&P 500 registered a month-to-date return of -8.8%, the worst monthly showing since February 2009 (the bottom of the financial crisis), wiping out the entire year-to-date gain.
SET reviving after Wall Street scare
Business, Published on 16/10/2018
» The Thai stock market -- along with other emerging markets -- took a big hit last week after the US 10-year Treasury yield surged to 3.25% from 3.05% a week earlier as investors rushed to sell government bonds in anticipation of an interest-rate increase. This led to the Dow Jones Industrial Average falling more than 1,300 points (5%) on Wednesday and Thursday with the tech sector seeing most of the decline.
Not the time to sell
Business, Published on 21/07/2018
» The SET index touched an all-time-high intra-day peak of 1,852 points at the end of February this year. By the end of June, it was 14% off that peak, falling to around 1,600. One of the chief culprits was extreme foreign fund outflows.
Stocks trade in narrow range as investors comb us data
Business, Published on 07/08/2017
» Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.
Oil rout drags down asian stocks, But manila shines
Business, Published on 08/05/2017
» Recap: Asian stocks fell last week, dragged down by tumbling oil prices on fresh global supply glut concerns. However, the Philippines outperformed the region as stocks rose to a nine-month high. Thai trading was rangebound amid a dearth of market-moving news.
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.