Recap: Global shares advanced to record a third straight week of gains yesterday as worries over the Chinese property market eased, despite growing concerns that persistent inflation could trigger a faster-than-expected tightening of monetary policy.
AirAsia plans a capital injection ttrweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ttrweekly.com Daily Mail and Mail on Sunday newspapers.
Asia Aviation Plc, the operator of Thailand’s biggest budget carrier Thai AirAsia, plans to raise as much as 17.9 billion baht from new loans, share sales and convertible-debt offerings as it attempts to restock coffers depleted by the worst crisis in aviation history.
Shares in Thailand's hotels and airlines jumped in Tuesday morning's trading, lifted by an announcement by the prime minister that more vaccinated tourists would be allowed to visit the country from November.
Lockdown favours healthcare stocks
2 A bus driver talks on a mobile phone as all inter-provincial buses are grounded at Mor Chit terminal to prevent the coronavirus spread. (Photo: Pattarapong Chatpattarasill)
Healthcare and medical equipment stocks are set to remain the biggest beneficiaries of Thailand s ongoing lockdown, while airlines continue to slump, according to a brokerage.
At the end of last month the government extended restrictions for another 14 days, starting from yesterday, and surging Covid-19 cases prompted the SET Index to continue its decline.
Mongkol Puangpetra, executive vice-president of KTBST Securities, predicted the lockdown would continue throughout August. If the number of infections remains high, we expect the lockdown to be extended until the end of this month, he said.