Stocks
Stocks 25 Oct 07 20:36 GMT
Thai shares surge 3.17% on energy stock purchases
TNA
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)
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Stocks 08 Oct 07 05:48 GMT
Stock players await 3Q bank earnings, interest rate directions
TNA
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)
Stocks 30 Sep 07 06:36 GMT
SET awaits earnings projections; baht moving narrowly
TNA
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)
Stocks 23 Sep 07 23:34 GMT
September 27, 2007 : Closing date of tender offer for SCBT's securities
SET
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)
Stocks 23 Sep 07 23:28 GMT
Thai bourse to host English-language competition for students
SET
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)
Stocks 20 Sep 07 04:02 GMT
Banks holding out well against fluctuations
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)
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