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Index hits new 19-week low

By admin ⋅ June 17, 2008 ⋅ Post a comment

The Stock Exchange of Thailand index closed down 12.32 points, or 1.56 per cent, in the morning session on Tuesday, hitting a fresh 19-week low of 775.27 points.
A signal from the Bank of Thailand to raise interest rates to flight inflation prompted more selling across the board, according to analysts.

Government to sue borrowers over outstanding student loan

By admin ⋅ June 9, 2008 ⋅ Post a comment

The government plans to take legal action against as many as 400,000 borrowers regarding total outstanding loan of 4.3 billion baht, according to Student Loan Fund’s manager Thada Martin.
Mr. Thada said the lawsuit will take against those who are unwilling to enter a negotiation program.
He said, normally, borrowers are supposed to start repaying their loan [...]

Thai Market May Trade Higher

By admin ⋅ April 21, 2008 ⋅ Post a comment

The Thai stock market barely ticked to the downside on Friday, but that was enough to snap a three-day winning streak. Now the Stock Exchange of Thailand is expected to resume its climb into positive territory when the market opens for business on Monday.

SET dropped 5.99 in line with regional slide

By admin ⋅ November 15, 2007 ⋅ Post a comment

The Stock Exchange of Thailand composite index fell 0.70 per cent today or 5.99 points to 855.52 in line with the region’s decline over lingering U.S. sub-prime woes and global ever-changing demand for oil. Losers outnumber gainers 230 to 110 with 117 remain unchanged. “The market still waits and sees the region’s movement with close [...]

Thai shares close 1.45 per cent lower

By admin ⋅ November 12, 2007 ⋅ Post a comment

The Stock Exchange of Thailand composite index fell 1.45 percent or 12.71 points to 861.93, hurt by lingering fears over US subprime mortgage crisis and heavy regional losses.
The blue-chip SET 50 index lost 10.59 points to 634.50.
Losers outnumbered gainers 268 to 68, with 112 stocks unchanged on turnover of 1.5 billion shares worth 16.3 billion [...]