Showing 1-10 of 20 results
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Set returns from break to ride global surge
Business, Published on 18/08/2014
» Recap: Soft economic data from major countries raised expectations of new central bank stimulus efforts and propelled global stock markets last week. Easing tensions in Ukraine after Russia finished military drills also bolstered sentiment. After a long holiday, Thai shares started strongly on Wednesday, buoyed by heavy foreign and institutional buying before fading late in the week.
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Set tracks global moves linked to jobs and oil
Business, Published on 12/01/2015
» Recap: Crude oil prices, which slipped to below $50 a barrel, jolted global stock markets early last week before equities revived on upbeat US jobs data. The Thai stock market also tracked the global market's direction.
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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.
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Quiet week for stocks ahead of Greek deal Deal
Business, Published on 23/02/2015
» Recap: Global stock markets shrugged off anxiety over Greece's debt problems before a resolution late Friday spurred Wall Street to new highs. With most markets in Asia closed for Lunar New Year, the Thai stock market fell slightly on profit-taking after failing to breach the resistance at 1,620 points.
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Wall street jumps but factory data a worry
Business, Published on 27/04/2015
» Recap: While US markets surged, many other global stock markets sagged in response to disappointing factory activity in China, Japan and the euro zone, and concerns over Greek debt. The same worries pushed down Thai stocks.
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China rate cut spurs stocks but set struggles
Business, Nuntawun Polkuamdee, Published on 18/05/2015
» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.
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Mers and air safety concerns push down SET
Business, Published on 22/06/2015
» Recap: Stock markets around the world rallied last week after the US Federal Reserve signalled that interest rates would rise more slowly than expected. However, the SET slid back below 1,500, led by tourism and aviation stocks, as Thailand reported its first case of Mers, and the International Civil Aviation Organization (ICAO) red-flagged the country for failing to address safety issues.
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Bank worries depress set as global stocks advance
Business, Published on 20/07/2015
» Recap: Most global stock markets climbed last week after Greek MPs approved austerity measures in exchange for a new bailout, and China's second-quarter economic growth beat forecasts. The Thai market, however, struggled as investors weighed the prospect of higher loan-loss provisions taking a bite out of banks' second-quarter earnings.
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Chinese share plunge and fed keep traders on edge
Business, Published on 03/08/2015
» Recap: Another plunge in Chinese stocks and a growing belief that the US will start raising interest rates in September pushed down global bourses before a recovery late in the week. Asian currencies also sank against the greenback with the Thai baht slipping below 35 to a 14-year low. The SET fell close to 1,400 before a rally led by buying of blue chips that had become bargains.
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Stocks suffer from Yuan shock before late rally
Business, Published on 17/08/2015
» Recap: The move by China's central bank to devalue the yuan by adjusting its reference rate sent the currency down 4.6% and sent shockwaves through global financial markets. The Thai stock market slipped below 1,400 on Thursday before a bargain-hunting rally on Friday.
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