Economy still likely to grow The Thai economy is expected to grow 2.6% this year as the third wave of Covid is unlikely to affect the Stock Exchange of Thailand (SET) Index as much as the previous waves, says Asia Plus Securities (ASPS). Investors are recommended to increase investments in the electric vehicle (EV) and…
Business Department Aims to Promote SME Listings BANGKOK (NNT) – The Business Development Department has vowed to step up support for medium-sized wholesale and retail operators listing on the Stock Exchange of Thailand (SET) to raise funds to finance business expansion, in addition to ensuring their good corporate governance. Deputy director-general Poonpong Naiyanapakorn said the department…
SET trading rose 43% in February, signals recovery Trading value on the Stock Exchange of Thailand (SET) in February rose 43% from the same period last year, with stocks in the food, banking and industrial sectors outperforming and providing a strong sign of a global economic recovery. Soraphol Tulayasathien, the SET’s senior executive vice-president, said…
Key economic data to determine direction of SET Index next week Five issues would affect the Stock Exchange of Thailand (SET) Index next week, an expert said on Sunday. An analyst at Kasikorn Asset Management expected the SET to have support at 1,485 and 1,500 points, but resistance at 1,520 and 1,530 points. He said…
Thai Airways adds another 21.5 billion baht debt in Q3 report Thai Airways has accumulated more losses, on top of a decade of annual losses, for the latest quarter. At the moment the national airline’s debt is four times higher than last year’s debt. The airline, already struggling, has been mostly grounded since the end…
Shrinkflex (SET: SFT) is Listed on the Stock Exchange of Thailand BANGKOK, Nov 6, 2020 – (ACN Newswire) – Shrinkflex (Thailand) PCL (SET: SFT) is a leading provider of integrated labeling solutions featuring plastic shrink films in ASEAN. On October 29 the company was listed in the Market for Alternative Investment (MAI). SFT executives are…
SET dips below 1,400 points after gloomy Fed prediction The Stock Exchange of Thailand (SET) Index closed at 1,396.77 today (June 11), down 22.00 points or 1.55 per cent. Total transactions amounted to Bt82.892 billion with an index high of 1,421.51 and a low of 1,384.68 In the morning session, a stock analyst at Krungsri Securities…
Thai stock exchange pulls 30 minute circuit breaker The Stock Exchange of Thailand (SET) had pulled a 30 minute “circuit breaker” to suspend trade between 9:59 and 10:29am leading to a fall at 11am, when the SET fell by 78.95 points, or 7.08%, to 1,035.96. Foreign investors made net sales of 1.929 billion baht in…
Insurers to pay 100 million baht to SET for riot damage Thailand’s Supreme Court has ordered six insurance companies to pay the Stock Exchange of Thailand (SET), Thailand Securities Depository and Family Knowhow Company 100 million baht in total compensation. The compensation is granted for damage caused to the SET building and valuables contained therein…
SET signs MoU with Shenzhen bourse to strengthen Thailand-China capital market The Stock Exchange of Thailand (SET) signed a memorandum of understanding (MoU) with Shenzhen Stock Exchange (SZSE) SET signs MoU with SZSE to strengthen Thailand-China capital market collaboration BANGKOK, April 23, 2019 – The Stock Exchange of Thailand (SET) signed a memorandum of understanding…