Showing 91 - 100 of 125
Mideast conflict, China demand boost gold prices
Nareerat Wiriyapong, Published on 26/10/2023
» Increasing tensions in the Middle East could push gold above US$2,000 an ounce, while domestic prices could reach 34,700 baht per baht-weight (15.2 grammes) after two spikes on Thursday, say local gold traders.
Stocks set for another week of decline
Business, Nareerat Wiriyapong, Published on 25/10/2023
» After slipping below 1,400 points last Friday, the Stock Exchange of Thailand (SET) index is likely to remain on a downward trend this week, possibly reaching 1,330-1,350 points as negative factors linger, according to analysts.
Chinese rebound could help Thailand
Business, Nareerat Wiriyapong, Published on 20/10/2023
» The Thai economy and stock market could benefit from China's economy, which performed better than expected during the third quarter, according to analysts who expressed hopes that Beijing will launch more stimulus measures later this year.
Spot gold prices increase as threat of conflict escalation propels the market
Business, Nareerat Wiriyapong, Published on 19/10/2023
» Gold could trade in a range of US$1,950-1,960 per ounce as war in the Middle East intensifies and hopes for diplomatic talks fade after a deadly explosion at a Gaza hospital, according to analysts.
Investors wary of SET potential
Business, Nareerat Wiriyapong, Published on 18/10/2023
» When the Stock Exchange of Thailand (SET) rebounded by 1.5% on Oct 11, with foreign investors buying nearly 3 billion baht worth of stocks, veteran investor Watchara Kaewsawang was in no rush to return to the market.
Analysts wary of SET proposal
Business, Nareerat Wiriyapong, Published on 14/10/2023
» Stock market analysts and investors have offered a lukewarm response to Prime Minister Srettha Thavisin's proposal for the Stock Exchange of Thailand (SET) to extend its trading hours, saying they are unsure how the idea will increase trading on the bourse.
SET sees foreign investors as waiting
Business, Nareerat Wiriyapong, Published on 07/10/2023
» Foreign investors are expected to return to the Thai stock market when they see progress in the government's economic policies, baht stability, and an improving economy, says the Stock Exchange of Thailand (SET).
Rates, weak currency continue to weigh on SET
Business, Nareerat Wiriyapong, Published on 28/09/2023
» The Bank of Thailand's policy rate hike of 0.25% and the weakening baht are pressuring the Stock Exchange of Thailand (SET) after the index already tumbled below the resistance level of 1,500 points, say analysts.
Baht, SET slip amid worries over stimulus
Nareerat Wiriyapong, Published on 20/09/2023
» The baht fell to a 10-month low beyond 36 to the US dollar, while the Stock Exchange of Thailand slipped closer to 1,500 points on Wednesday on continued fund outflows as investor concerns grew about expected massive bond issuance to fund government stimulus policies, according to analysts.
Stock analysts fret over government's stimulus measures
Business, Nareerat Wiriyapong, Published on 15/09/2023
» Stock analysts expressed concerns over the government's stimulus policies, saying the recently announced measures would significantly increase public debt and have a limited effect on bolstering tourism amid the global economic slowdown.