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11,794 results (Thailand) 04/03/2020 17:00
Global equities have been on a sharp downtrend ever since China began its lockdowns in late January in hopes of containing the spread of the coronavirus. The Thai bourse has also tracked the global weakness. The SET index has plunged 28% to a level equivalent to a price/earnings (PE) ratio of 12.6 times, which is an eight-year low. (Thailand) 04/03/2020 17:00
Recap: There was a mixed picture for Asian stock markets as Thailand's benchmark index closed marginally higher and posted its best weekly percentage gain since October 2015, but Hong Kong's Hang Seng slipped to end lower than the previous week. Risk-averse sentiment prevailed against the backdrop of the continued Covid-19 outbreak, with infections surpassing one million globally.


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