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BUSINESS

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.

BUSINESS

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.

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GENERAL

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:

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GENERAL

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.