Turkey's lira sank to new lows on Monday as tensions between Ankara and the West combined with unconventional monetary policy and rising inflation, while most other emerging market currencies firmed against weaker dollar.
By Reuters Staff
2 Min Read
BANGKOK, Jan 8 (Reuters) - The Stock Exchange of Thailand on Friday said it was seeking to boost its market capitalisation this year by 500 billion baht ($16.61 billion) through initial public offerings (IPOs) and secondary listings.
Last year, the market capitalisation of IPOs in Thailand was 555 billion baht, the exchange said in a statement.
That was driven by the country’s largest listings, Central Retail Corporation Pcl and SCG Packaging Pcl, each raising over $1 billion.
“The target for new listings is high, similar to the last two years,” said the head of the exchange’s Issuer and Listing Division, Manpong Senanarong.
By Reuters Staff
1 Min Read
SEOUL, Jan 6 (Reuters) - South Korea’s main KOSPI index surpassed 3,000 for the first time on Wednesday, as investors driving the steepest rally in years look towards a broad recovery in exports beyond the country’s tech titans.
The KOSPI surged 30.8% in 2020, its largest percentage gain since 2009. The index took 13-and-a-half years to break above the 3,000 mark after hitting 2,000 in mid-2007. (Reporting by Cynthia Kim, Jihoon Lee; editing by Richard Pullin)