Rate fears and Ukraine keep lid on equities
Recap: Global shares rebounded yesterday but still headed for a weekly loss as concerns over aggressive global interest-rate increases and geopolitical risks prevail.
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Recap: Global shares rebounded yesterday but still headed for a weekly loss as concerns over aggressive global interest-rate increases and geopolitical risks prevail.
Recap: Most Asian stock markets extended losses on Friday as sentiment suffered on worries over an anticipated interest-rate increase by the US Federal Reserve next week, and the failure of talks to halt the Russian onslaught in Ukraine.
Thai stocks rebounded while oil and gold stalled as planned talks between Russia and Ukraine improved market opinion.
The Thai stock market tumbled in line with regional markets yesterday morning after the report of Russia's attack on Ukraine's Zaporizhzhia nuclear power plant stoked fears of nuclear catastrophe.
The Thai stock market rebounded yesterday following the Russian invasion of Ukraine as investors believe US sanctions targeting the Russian financial sector will have a limited effect on the energy sector and the global economy.