Thai Stock Market May Halt Losing Streak On Thursday

RTTNews | 4 jam 23 menit yang lalu
Thai Stock Market May Halt Losing Streak On Thursday

(RTTNews) - The Thai stock market has finished lower in two straight sessions, sliding more than a dozen points or 0.8 percent in that span. The Stock Exchange of Thailand now sits just above the 1,565-point plateau although it may stop the bleeding on Thursday.

The global forecast for the Asian markets is cautiously optimistic after the Federal Reserve left interest rates unchanged, although the upside will be limited by a spike in oil prices. The European and U.S. markets were slightly higher and the Asian bourses are likely to follow suit.

The SET finished modestly lower on Wednesday following losses among the food, consumer, industrial, resource, service and technology sectors.

For the day, the index slipped 8.92 points or 0.57 percent to finish at 1,566.10 after trading between 1,565.52 and 1,576.55. Volume was 9.943 billion shares worth 65.443 billion baht. There were 276 decliners and 151 gainers, with 217 stocks finishing unchanged.

The lead from Wall Street suggests mild upside as the major averages opened higher on Wednesday; the Dow and S&P remained in the green, while the NASDAQ bounced back and forth all day but finally ended to the upside.

The Dow rose 97.53 points or 0.19 percent to finish at 52,475.10, while the NASDAQ gained 72.04 points or 0.27 percent to end at 26,549.85 and the S&P 500 added 21.38 points or 0.28 percent to close at 7,743.98.

The higher close on Wall Street came after the Federal Reserve announced its widely expected decision to leave interest rates unchanged following its latest meeting.

The central bank's next monetary policy meeting is scheduled for December 8-9, with CME Group's FedWatch Tool currently indicating an 85.0 percent chance the Fed will raise rates by a quarter point.

Crude oil prices surged on Wednesday as reports suggest possible U.S. attacks on Iran by next week, fueling supply disruption concerns for an indefinite period. West Texas Intermediate crude for December was up $3.12 or 3.12 percent at $103.02 per barrel.

baca selengkapnya
European Shares Seen Flat To Higher; ECB Meeting Eyed

European Shares Seen Flat To Higher; ECB Meeting Eyed

European stocks are seen opening flat to slightly higher on Thursday as investors react to the U.S. Federal Reserve's widely expected decision to hold rates unchanged and await the outcome of an ECB policy meeting later in the day amid France's deepening fiscal woes and political gridlock.
RTTNews | 49 menit yang lalu
Indian Shares Modestly Higher As Fed Holds Rates Steady

Indian Shares Modestly Higher As Fed Holds Rates Steady

Indian shares were modestly higher in early trade on Thursday as the U.S. Federal Reserve left interest rates unchanged, as widely expected, and oil prices eased following fresh diplomatic efforts to end the war in the Middle East.
RTTNews | 1 jam 55 menit yang lalu
Australian Market Maintains Early Gains In Mid-market

Australian Market Maintains Early Gains In Mid-market

The Australian market is maintaining its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well below the 8,850 level, with gains across most sectors led by mining, energy and technology stocks.
RTTNews | 3 jam 10 menit yang lalu
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian markets are trading mixed on Thursday, following the positive cues from Wall Street overnight, as traders are cautiously optimistic after the US Fed left interest rates unchanged despite inflationary pressures amid spiking crude oil prices. However, reports of the possibility of U.S. attacks on Iran by next week are fueling crude oil supply disruption concerns for an indefinite period.
RTTNews | 3 jam 16 menit yang lalu
Indian Shares Seen Tad Higher At Open

Indian Shares Seen Tad Higher At Open

Indian shares are seen opening a tad higher on Thursday, with firm cues from global markets and easing oil prices likely to underpin sentiment at open.
RTTNews | 3 jam 45 menit yang lalu
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese market is trading significantly higher on Thursday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 64,550 level, with gains is index heavyweights, financial and technology stocks.
RTTNews | 4 jam 33 menit yang lalu
Indonesia Stock Market May Tick Higher Again On Thursday

Indonesia Stock Market May Tick Higher Again On Thursday

The Indonesia stock market bounced higher again on Wednesday, one day after ending the four-day winning streak in which it had jumped almost 450 points or 8.6 percent. The Jakarta Composite Index now sits just above the 5,280-point plateau and it may open higher again on Thursday.
RTTNews | 4 jam 53 menit yang lalu
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian market is trading modestly higher on Thursday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well below the 8,850 level, with gains across most sectors led by mining, energy and technology stocks.
RTTNews | 5 jam 1 menit yang lalu