Showing 1 - 7 of 7
Baht dips on US inflation figures
Business, Published on 15/02/2024
» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.
Cloudy global skies, sunshine for the Thai economy
Business, Piyasak Manason, Published on 27/09/2023
» In the fourth quarter of 2023, InnovestX Securities expects the global economy to slow down significantly, with three main themes:
Upward trend intact despite recent wobbles
Business, Published on 07/09/2019
» The SET index moved off its high of 1,709 points to hit a low of 1,590 in August. The index later bounced back and drifted sideways before advancing towards 1,654 in the final week of the month, which also breached the 10-year uptrend line at 1,645. This indicates that the major uptrend has remained intact.
Investors move to sidelines ahead of general election
Business, Published on 16/03/2019
» The SET Index moved sideways amid softer turnover this week as many investors started to move to the sidelines ahead of the March 24 general election. We expect Thai shares to continue in a sideways/sideways-down pattern for another week before staging a post-election rally.
Share investors tread cautiously ahead of Fed meeting
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
Thai-Chinese railway expected to yield stock gains
Business, Nuntawun Polkuamdee, Published on 20/06/2017
» The long-delayed Thai-Chinese high-speed railway line, soon to break ground after the invocation of Section 44 to clear technical and legal hurdles, is expected to help construction stocks outshine others this week.
Scepticism about Trump tax plan keeps stocks in check
Business, Published on 01/05/2017
» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.