Asian equities retreat as China disappoints

Quick Summary:

RECAP: Asian equities fell yesterday as a lack of details from a Chinese economic conference disappointed some traders and risk appetite weakened ahead of next week's US Federal Reserve interest rate meeting.

Asia Plus Securities says investors could consider speculative plays on candidates to enter and exit SET50 in the first half of 2025, such as CCET, SAWAD, COM7 and BANPU, as well as firms expecting to outperform the market for the rest of 2024.

The UK and the euro zone update inflation on Wednesday, while the Federal Reserve and Bank of Japan will announce interest rate decisions.

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Article Details

Category: EconomyBusiness

Markets: ThailandCanadaChinaIndonesiaJapan

Topics: Billion Index 2025 Wednesday Bank Baht November Rate Interest Measures Investors

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-14 @ 04:00:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1164 words

Reading Time: 7 minutes read

Sentences: 49 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Bangkok Post

News ID: 24404613

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