Showing 1-10 of 70 results
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SET looking for catalysts to restore momentum
Business, Published on 06/04/2024
» The SET index found support at 1,350 in the first week of March and later bounced back. The 1,350 level has acted as a critical support through the entire quarter as the market struggles to sustain momentum. Among the key factors influencing the market:
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Subdued earnings performance puts pressure on SET
Business, Published on 09/03/2024
» The SET index established a trading range between 1,357 and 1,405 points in February. The bourse hit a low of 1,357 at the start before bouncing back, but traded mostly sideways for the remainder of the month. Key factors expected to influence market direction in March include:
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Trading range of 1,350 to 1,380 foreseen for SET
Published on 03/02/2024
» The SET index in January reached a monthly high of 1,438 points, but subsequently retreated. Breaking below the critical 1,400 threshold, it found support at 1,352, closely mirroring the low from December at 1,354.
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Eastern promise proves tempting for Thai investors
Published on 02/10/2023
» China has become one of the world's leading countries in advanced technology and economic power, according to Pinit Jarusombat, president of the Thai-Chinese Cultural and Relationship Council (TCCRC).
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Siamese Asset wary of new investments
Business, Kanana Katharangsiporn, Published on 30/04/2024
» SET-listed developer Siamese Asset will be cautious about new investments and focus on generating revenue from projects launched earlier, as well as reducing expenses during 2024-26 due to unfavourable financial market conditions.
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SET strives to get above 1,400 hurdle
Business, Published on 20/04/2024
» The Stock Exchange of Thailand (SET) in March followed in February's footsteps with a slight gain of 0.5% or 7.27 points to close the month at 1,377.94, with average daily turnover of 41.2 billion baht, down 8.4% from the month before.
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Bitcoin rebounds from drop sparked by Iran escalation
Published on 14/04/2024
» Bitcoin recovered from the steepest selloff in more than a year, an early indication of impending volatility across asset markets as investors digest the prospects of a military escalation in the Middle East.
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Listed companies' 2023 dividends tally 593bn
Business, Nuntawun Polkuamdee, Published on 22/03/2024
» More than 580 listed Thai companies on the Stock Exchange of Thailand (SET) paid combined dividends worth 593 billion baht last year, down from 611 billion in 2022, mainly attributed to lower profits.
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SET poised to bottom out in March
Business, Published on 12/03/2024
» As expected, the Stock Exchange of Thailand ticked up in February, adding 6.15 points, or 0.5%, to close the month at 1,370.67. The first week of the month started strongly as positive tourism sentiment boosted the index by 1.4%. But the market quickly encountered pushback as the Bank of Thailand refrained from cutting interest rates.
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Bitcoin price soars to B2.37m on Bitkub
Business, Nuntawun Polkuamdee, Published on 07/03/2024
» The price of Bitcoin on Bitkub Exchange hit a new record high of 2.37 million baht on Wednesday after the global price of the cryptocurrency on Tuesday beat its record of US$69,000 per token in November 2021, rallying by 190% over the last year.
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