Thai shares fall amid US inflation worries
The Thai stock market dropped yesterday, following global indices, after higher than expected US inflation stoked concerns over early interest rate hikes.
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The Thai stock market dropped yesterday, following global indices, after higher than expected US inflation stoked concerns over early interest rate hikes.
The Thai stock market remains attractive as listed companies continue to make profits and the bourse has recorded positive net fund inflows the last two months.
Shares of SET-listed Jasmine Technology Solutions (JTS) skyrocketed 6,635% in 2021, spurred by its plan to ramp up its Bitcoin mining business while many other firms involved in the cryptocurrency business have also reported excellent returns that outperformed the market last year.
The emergence of the Omicron variant may spoil the festive mood of December and slow economic activities next year if it is eventually identified as a serious threat to public health.
The emergence of the Omicron variant may spoil the festive mood of December and slow economic activities next year if it is eventually identified as a serious threat to public health.