Political uncertainty is expected to be a major drag on the Stock Exchange of Thailand (SET) for the entirety of June, with three legal cases involving Prime Minister Srettha Thavisin, former premier Thaksin Shinawatra and opposition Move Forward Party (MFP) causing the index to sag deeper than originally forecast, say analysts.
Thailand approves new measures to boost property sector businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Bangkok Post - Property perks could lift GDP growth to 4% bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Thai stocks extended losses on Monday as investors worry strong US jobs reports and the prolonged Russia-Ukraine war will drive the Federal Reserve to move with more aggressive and quicker rate hikes to fight inflation.
The Stock Exchange of Thailand (SET) is urging investors to exercise caution when trading SCBB, as the stock will be delisted from the secondary market on April 26.