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Showing 1-5 of 5 results
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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.
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Trade talks, accounting changes bear watching
Business, Published on 16/11/2019
» In the past week, the SET index rose above 1,610 points and tested the 1,640 resistance based on two main factors: progress in US-China trade talks and potential tariff termination in phases, and the addition of OSP, GPSC, BGRIM, SAWAD and other Thai small-cap stocks to the influential MSCI indices.
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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.
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Swiss surprise caps volatile trading week
Business, Published on 19/01/2015
» Recap: Global bourses felt strong selling pressure from the downward spiral of oil prices and the unexpected scrapping of a cap on the Swiss franc against euro, before staging a relief rally on Friday.
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Set stalls despite high turnover, global optimism
Business, Published on 10/11/2014
» Recap: US and European markets surged last week. The Dow Jones Industrial Average hit a new high, buoyed by signals from the European Central Bank (ECB) signal that it stands ready to introduce more economic stimulus measures if necessary.
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