Showing 1 - 10 of 18
Investors heartened as fed ends rate suspense
Business, Published on 20/03/2017
» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.
Trump comments, 'hard Brexit' talk depress stocks
Business, Published on 23/01/2017
» Recap: Donald Trump's comment that the US dollar was too strong and blunting the country's competitiveness rattled global stock markets last week, as did fears over the impact of a "hard Brexit" as outlined by British PM Theresa May. As well, confusion about Mr Trump's political and economic agenda made investors step back from risky assets ahead of his inauguration on Friday. The Thai stock market tracked the global trend, but the magnitude of its fall was limited.
Hawkish fed tone rattles asia, But only briefly
Business, Published on 19/12/2016
» Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.
Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
Cautious tone from fed gives big lift to stocks
Business, Nuntawun Polkuamdee, Published on 04/04/2016
» Recap: The cautious tone of Federal Reserve Chair Janet Yellen's comments on the global economy that lessened prospects for a US interest-rate increase triggered a global stock market rally last week. Positive investor response to her views also pushed the Thai stock market back above 1,400 points.
Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.
Asian stocks down over Glum manufacturing data
Business, Published on 28/09/2015
» Recap: Downbeat manufacturing data from the US and China stoked fresh worries over the global economy and sent Asian stock markets down. Sahaviriya Steel Industries Plc's debt woes also rattled Thai stocks with its shares and those of its three major lenders coming under a selling spree.
Greek drama and Chinese rout push shares down
Business, Published on 06/07/2015
» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.
China worries depress stocks as set drifts down
Business, Published on 30/03/2015
» Recap: Asean stocks retreated last week, weighed down by worries over China's economic health after the world's second largest economy reported disappointing manufacturing data. The Thai market succumbed to selling pressure as new data showed the export slump deepening, pushing the main index below 1,500.
SET drifts as global stocks rise on Greek relief
Business, Published on 02/03/2015
» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.