Olarn : 60 billion baht funds to shore up Thai stocks Concerned parties in the Thai stock exchange would inject some 60 billion baht funds to shore up local bourse. Deputy Prime Minister Dr. Olarn Chaipravat said on Monday (October 27) that he would encourage existing funds to shore up Thai stocks a... Read more.
SET, Asian stocks plunge Fears of lengthy global recession lead to rout NUNTAWUN POLKUAMDEE Thai stocks nosedived yesterday as stock markets across the region fell sharply on continued fears of a prolonged global economic recession. The Stock Exchange of Thailand (SET) plunged 10.5%, resulting in au... Read more.
FINANCIAL CRISIS SET plummets to five-year trough Panic selling from deep recession fear NUNTAWUN POLKUAMDEE DARANA CHUDASRI Thai stocks nosedived 6.96% to a new five-year low as panic selling over recession fears gripped markets across the globe yesterday. The Stock Exchange of Thailand index close... Read more.
MFC sees long bear market NUNTAWUN POLKUAMDEE Bangkok Post Thursday October 23, 2008 Thai stocks are likely to remain in a bearish trend until the third quarter of 2009, according to Pichit Akrathit, the president of MFC Asset Management. He said the US financial system should stabilise by the end o... Read more.
GSB to inject 3 billion baht into local exchange Government Savings Bank (GSB) will allot three billion baht to invest in the local stock market in line with the government’s economic stimulus policy, while the bank’s chief insisted the state-run bank was not affected by prevailing Weste... Read more.
Global fund injections lift SET Stocks climb as central banks act on crisis NUNTAWUN POLKUAMDEE DARANA CHUDASRI Bangkok Post Thai stocks jumped 5.13% yesterday as global markets extended Monday’s gains on improved confidence that unprecedented action by world central banks would ease the globa... Read more.
Futures Focus The SET50 Index closed last week at 311.16 points, a decrease by 101.82 index points or 24.65% from the previous week. For SET50 Index Futures, the nearest contract month S50Z08 (expiring in December 2008), was settled at 304.4 points, a decreased of 109 index points from the previous ... Read more.
GLOBAL FINANCIAL CRISIS SET not spared in global rout Circuit-breaker used for only second time DARANA CHUDASRI and NUNTAWUN POLKUAMDEE Thai stocks nosedived by 9.61% yesterday to a five-year low as markets around the world were pummelled by the growing global financial crisis. The Stock Exchange of... Read more.
No respite in economic crisis battle Finance chiefs and central bankers will meet through the weekend in Washington to discuss new options to stave off the most severe economic crisis facing the world economy since the Great Depression. Central bank efforts to pump hundreds of billions of dollars in... Read more.
Thai stocks plunge 9.61 per cent on closing BANGKOK (TNA) - The Stock Exchange of Thailand (SET) composite index on Friday plunged 9.61 per cent to close at 451.96 points in line with regional markets on investor concerns over the global financial crisis and Thailand’s persisting political pro... Read more.
