Showing 1-7 of 7 results
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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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THG set to expand Myanmar investment
Business, Lamonphet Apisitniran, Published on 16/02/2024
» Thonburi Healthcare Group Plc (THG) plans to expand its hospital business in Myanmar following an increase in patients seeking medical treatment.
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Chinese firm now owns Thai brokerage
Nuntawun Polkuamdee, Published on 12/02/2024
» CGS-CIMB Securities (Thailand) has changed its name to CGS International Securities (Thailand) (CGSI) after China Galaxy Securities acquired a 100% stake in the company in December 2023 in a move to strengthen its regional presence.
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SET looking to rebound from 3-year lows
Published on 11/11/2023
» The Stock Exchange of Thailand plunged by another 6% in October, matching its 6% drop in September, closing the month at 1,381.83 points (down 6.1% month-on-month), with average daily turnover declining almost 5% to only 45.6 billion baht. With these two big drops, the SET hit a three-year low at 1,371.22 points in late October.
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Focus on earnings outlook as reporting begins
Business, Published on 07/10/2023
» The SET index is expected to experience volatility this month. While the market awaits fresh economic stimulus measures from the government, earnings speculation, particularly in bank stocks, is intensifying as the reporting season approaches.
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Most Asian markets rise ahead of US job figures
Business, Published on 07/10/2023
» RECAP: Hong Kong led the charge as most Asian markets posted gains yesterday, shrugging off Wall Street losses ahead of US employment data due later in the day.
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Political drift stalls SET but upside possible
Business, Published on 05/08/2023
» We expect the SET Index to advance as earnings plays have kicked in with many second-quarter results of listed firms coming in favourably.
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