Latest measures fail to inspire stock analysts

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Stock market analysts gave a lukewarm welcome to measures endorsed by the government's economic stimulus board, as the Thai bourse yesterday retreated from gains made in the two previous sessions amid renewed concerns about the Russia-Ukraine conflict and uncertainties regarding US President-elect Donald Trump's economic policies.

"That poses downside risks to the Thai stock exchange this year and next as a trade war is highly likely," he noted.

The Stock Exchange of Thailand (SET) index edged down 0.22% in the morning session to finish at 1,456.88 points at midday, reversing two days of gains on better-than-expected third-quarter GDP.

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Article Details

Category: EconomyBusiness

Markets: ThailandMaliUkraine

Topics: Market Court Stimulus Economic Thai Gains Stock Renewed Investors Measures Board

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 13:29:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23733874

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Main Topics: EconomyBusiness

Official Website: bangkokpost.com

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Year Established: 1946

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News Last Updated: 7 hours ago

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Publisher ID: #66

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