"STOCK MARKET"

WASHINGTON DC — Việt Nam expects the US will share its experience in developing the financial market in a healthy, safe and transparent manner, contributing to macro-economic stability, Prime Minister Phạm Minh Chính told the US Secretary of the Treasury Janet Yellen on Wednesday during his visit to the country.

Deputy Prime Minister Supattanapong Punmeechaow said on Friday that though the government has no plans to set up a fund to stabilise the stock market, it might launch some tools to shore it up.

The precipitous rise of U.S. technology stocks in 2020 left even seasoned veterans on Wall Street struggling for explanations.

The Stock Exchange of Thailand Index yesterday slumped 2.95 points, or 0.18 per cent, to end the day at 1,610.69, as the global economic situation continued to shake investors.

Vietnamese shares made slight gains on Monday morning while investors remained cautious amist the uncertainty of global markets.

Central Retail, a subsidiary of the Central Group, today (July 31) announced a consolidation of its retail units in Thailand, Vietnam and Italy under a holding company, ahead of the company's listing on the Thai stock market.

Securities brokers expect the new government to raise the minimum daily wage to Bt400 from Bt325, shortly after formation of the new Cabinet.

FTSE Russell and the Stock Exchange of Thailand (SET) on Monday announced that there would be no changes to the UK’s FTSE Large Cap Index as the result of this month’s semi-annual review for the FTSE SET Index Series.

THE STOCK market is expected to respond positively after the general election, if a new government can be formed instantly without conflict, analysts in the Krungthep Turakij News Room daily TV programme said last week.

THOUGH Myanmar’s stock market is yet to be very active due to a lag in investor interest, another move is now under way to set up a derivatives market in the nation, according to a workshop held at the Yangon Stock Exchange (YSX) yesterday.

Popular online bulletin board Pinterest is getting ready for a stock market debut early next year at a valuation of $12 billion or more, according to a Wall Street Journal report.

The stock market rally following a truce in the US-China trade war may be short-lived, experts said on Monday.