Showing 1 - 10 of 48
InnovestX investor base bests 800,000
Business, Nuntawun Polkuamdee, Published on 27/07/2023
» InnovestX Securities, the financial investment flagship of the SCB X Group, has grown its investor base to over 800,000, representing a growth of 110% in offshore stock investors from 2021.
Stocks facing pressure if government in limbo
Business, Nuntawun Polkuamdee, Published on 27/07/2023
» The Stock Exchange of Thailand (SET) index could dip to around 1,470 points if a new government cannot be formed until May 2024 when the Senate's term ends, dealing a blow to fiscal budget disbursement over the next three years.
Asian stocks rally after US rate increase
Business, Nuntawun Polkuamdee, Published on 28/07/2023
» The Stock Exchange of Thailand (SET) joined a rally of Asian bourses yesterday after the US Federal Reserve lifted interest rates to a 22-year high and downplayed the prospects of an American recession this year.
Government bonds an ideal asset in H2
Business, Nuntawun Polkuamdee, Published on 31/07/2023
» Government bonds are likely to be the world's most attractive asset to invest in during the second half of 2023 because interest rates would enter a downward direction next year, says Aberdeen Asset Management (Abrdn).
Regulators urged to end risky trading tactic
Business, Nuntawun Polkuamdee, Published on 15/08/2023
» Market regulators are urged to consider cancelling cash account stock trading because the method often creates artificial trading and exposes brokers to distorted share prices.
UOB Kay Hian expects firms' profits to decline 40% in Q2
Business, Nuntawun Polkuamdee, Published on 16/08/2023
» UOB Kay Hian Securities (Thailand) anticipates profits of listed companies to decline by almost 40% in the second quarter of 2023 compared with the same period last year because of the drastic drop in oil prices. The performance of energy stocks accounts for one-third of the combined profits of listed firms.
OIC, industry promote digital approach
Business, Nuntawun Polkuamdee, Published on 17/08/2023
» The insurance and assurance industry, in collaboration with the Office of the Insurance Commission (OIC), is promoting digital technology to reduce business risk and improve sustainability.
Tisco suggests investors sell off US shares
Business, Nuntawun Polkuamdee, Published on 18/08/2023
» Tisco Bank recommends investors sell off US shares and rejig their portfolios by buying global bond funds that can generate up to a 10% return with low risk as interest rates reach their peak for this cycle.
One AM downgrades its outlook for Thai bourse
Business, Nuntawun Polkuamdee, Published on 23/08/2023
» One Asset Management (One AM) has cut its forecast for the Stock Exchange of Thailand (SET) index this year from 1,740 points to 1,570 points, citing a potential slowdown of the global and Thai economies, as well as prolonged domestic political uncertainties.
Asian markets retreat ahead of Powell speech
Business, Nuntawun Polkuamdee, Published on 26/08/2023
» RECAP: A mini-rally on most Asian markets came to a halt yesterday ahead of a keenly awaited speech by US Federal Reserve chief Jerome Powell at around 9pm Thailand time, with traders increasingly worried about higher US interest rates.