BANGKOK, Oct 25 - The Stock Exchange of Thailand (SET) composite index on Thursday surged 3.17 per cent thanks to speculative buys in energy stocks as investors believed global oil prices would reach US$100 a barrel, dealers said.
The SET index closed at 893.45 points, up 27.42 points from Wednesday, with a turnover of more than Bt22 billion.
A dealer at Sicco Securities said investors bought energy shares after finding that the mid-December contract was struck at US$100 a barrel and it...... (read more)
BANGKOK, Oct 7 - Investors on the Stock Exchange of Thailand (SET) will this week await the outcome of a meeting of the Bank of Thailand's (BoT) Monetary Policy Committee on local interest rate, third quarter earnings projections of commercial banks and the new consumer confidence index before entering the market, according to a report issued by the respected Kasikorn Research Center think tank.
The Monetary Policy Committee will confer regarding the interest rate on Wednesday while the...... (read more)
BANGKOK, Sept 30 - Investors in the Stock Exchange of Thailand (SET) await listed bank earnings projections for the third quarter, a decision by the Bank of Thailand (BoT) on interest rate, consumer price index (CPI) figures for September and several key US economic data reports before entering the market this week, while at the same time Thailand's baht is expected to move within a narrow range, according to a report issued by Kasikorn Research Center.
The SET composite index on Friday...... (read more)
At the Extraordinary General Meeting of shareholders No.1/2007 of
Standard Chartered Bank (Thai) Public Company Limited (SCBT),the meeting
approved the voluntary delisting of its securities from the Stock Exchange of
Thailand (SET).At present,Standard Chartered Bank has made an offer for all
SCBT's securities consisting of common share at THB 22 per share. This offer
stands for 45 business days,being from July 25, 2007 through September 27,2007.
The Stock Exchange of Thailand (SET)...... (read more)
The Stock Exchange of Thailand (SET), Language@Click Language School,
The Nation newspaper, and SCG Paper Co., Ltd. are co-hosting the "ELLIS
Championship 2007" competition with prizes worth over THB 300,000 and
a trophy granted by H.R.H. Princess Maha Chakri Sirindhorn.
The "ELLIS Championship 2007" is an opportunity for college students to
demonstrate their English-language skills. It also complements an existing
project in which SET gave 2,000 copies of ELLIS English-learning...... (read more)
However, analysts' claim that we should not expect it to last
TNA
BANGKOK, Sept 18 (Reuters) - Thailand's benchmark stock
index (.SETI: Quote, Profile, Research) was up 0.24 points, or 0.03 percent, at 802.89
points in thin turnover of 7.52 billion baht ($219.5 million)
at 0735 GMT on Tuesday.
Stocks on the move included:
- SMC Motors (SMC.BK: Quote, Profile, Research), a distributor of Volvo and Mazda
cars in Thailand, jumped 9.2 percent to more than a two-month
high of 1.79 baht after the firm said it expected to conclude
its private placement...... (read more)