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BUSINESS

Stocks rally strongly as fed dials back rate hikes

Business, Published on 21/03/2016

» Recap: Global stock markets rallied, propelled by the US Federal Reserve's dovish stance on its policy rate direction. However, the Thai stock market recorded its first weekly loss since Feb 12 as profit-taking capped gains.

BUSINESS

Good week for stocks as concerns EASE about fed

Business, Published on 23/11/2015

» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.

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BUSINESS

SET fails to advance despite surprise rate cut

Business, Published on 16/03/2015

» Recap: US and global stock markets climbed for most of last week, propelled by eased worries over a US rate increase following a report of disappointing retail sales in February. In the Thai stock market, the Bank of Thailand's unexpected move to cut its policy rate improved investors' risk appetite but stocks still failed to advance.

BUSINESS

Oil price plunge greases the skids for stocks

Business, Published on 15/12/2014

» Recap: The dive in oil prices to below US$60 a barrel rattled stock markets across the world last week and Thai shares were among those heavily sold.