Market Watch

SET Index recovers after a 4% dip in intra-day trade amid speculation and profit-taking

The Stock Exchange of Thailand (SET) remained volatile at closing on Thursday as investors speculated on market rumours and the rising number of Covid-19 cases.The SET Index ended the day at 1,548.13 points down 23.72 points with more than...

PTT Oil and Retail posts doubled earnings amid analyst warnings

PTT Oil and Retail Business (OR), a subsidiary of national oil and gas conglomerate PTT, posted doubled first-quarter earnings from the last year amid cautions from analysts that the price is overvalued.OR reported its net profit for the first...

Prayut-themed cryptocurrency launches with charity business model

A cryptocurrency inspired by Prime Minister Prayut Chan-ocha has launched as one of the first charity tokens on the Binace Smart Chain (BSC).The LUNGTOO currency will donate all of its transaction fees, in a bid to use block-chain technology...

Seafood giant Thai Union jumps after posting net-profit growth

Shares of Thai Union Group (TU), one of the world’s largest seafood producers, bounced sharply by 7.24 per cent to 16.30 baht Monday afternoon after it reported 77-per-cent net profit growth in the first quarter.TU accounted for a transaction...

Industrial sentiment falls on persistent Covid-19 concerns

Thailand’s industrial sentiment index in April fell to an eight-month low at 84.3 points from 87.3 points in March, the Federation of Thai Industries (FTI) reported Monday.“The index in April slumped across sectors, signaling that the latest Covid-19 situation...

GSB offers deferred-repayment loans to fight Covid impact

The Government Savings Bank (GSB) is to offer loans that are free of all repayments for the first six months to six provinces in deep-red zones to mitigate the economic fallout from Covid-19 outbreak, the state-owned lender said Friday.The...

Investors should remain cautious as TIDLOR’s valuation looks stretched compared to peers

Retail investors have been hoping to take a punt on TIDLOR, a micro-loan company that is lists on the SET Monday. In anticipation, investors had been selling some of their holdings in the other stocks to possibly participate in...

IPOs have generally done well on the SET, pandemic or not

As the 3rd wave of Covid-19 takes Thailand closer to a crisis stage and despite the doom and gloom caused by the quasi lockdowns, border closures, lack of vaccines, the rising demand for medical supplies, one thing can has continued...

Government Housing Bank adds two further Covid-relief measures

The Government Housing Bank (GHB) granted two additional measures Friday to help customers amid the latest Covid-19 crisis.GHB’s board of directors has agreed to introduce more campaigns to alleviate customers in groups affected by the current outbreak following the...

IVL reports one of the best quarterly profits in years, expects revenues to continue to remain vibrant

Indorama Ventures Plc (IVL), one of the world’s leading makers of polyethylene terephthalate (PET), reported a record 1st quarter result on Thursday, surprising even bestIVL today reported a net profit of just over 6 billion baht for the...

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