The Latest Breaking News from SET

The SET index retreated in the past week, with key supports at 1,510 and 1,520, due mainly to political uncertainty, while first-quarter earnings also triggered sell-on-facts activity.

SET-listed Noble Development is unconcerned by the expected new government's pledges regarding minimum wage hikes as it has already included them in new cost estimates.

SET-listed WHA Utilities and Power (WHAUP), which provides utilities under WHA Corp, Thailand's biggest industrial land developer and operator, has secured two contracts worth 2.9 billion baht to supply "premium clarified water" to solar panel and rubber glove manufacturers, in a move to sell more value-added products.

Sentiment surrounding the Stock Exchange of Thailand (SET) was downbeat on Monday, despite Sunday's landslide election win, as investors dumped shares related to politics and big-cap stocks that might be adversely affected by the policies of the Move Forward Party, analysts say.

National Telecom (NT) is unlikely to set high-capacity specifications for its first satellite as it is intended to mainly serve state agency demand, which is estimated to increase by only 7% per year, according to a senior NT executive.

The Thai stock market, which posted significant capital outflows in the first four months of this year, has begun to record net inflows this week as investors absorbed negative news about the US banking crisis and a potential recession, says the Stock Exchange of Thailand (SET).

SET-listed SCG Ceramics (COTTO) Plc is expecting its revenue to expand by 2.3 times and anticipates becoming the market leader in Vietnam and the Philippines following its delisting and restructuring process with SCG Decor -- the company's major shareholder.

We expect the SET Index to be volatile in May given the upcoming general election, earnings reporting season and market reaction to the Federal Reserve meeting.

The Stock Exchange of Thailand (SET) recently adjusted the listing criteria for private placement (PP), which comes into effect on July 1.