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Updated · MarketWatch · May 6Thailand SET Index rises 1.8% and ends one-day losing streak
11 articles · Updated · MarketWatch · May 6
- The benchmark closed at 1,516.91 on Wednesday, led by sharp gains in Advanced Micro Devices TDR, Intel TDR and Sandisk TDR.
- Biggest decliners were Shopify TDR, down 17.5%, Palantir Technologies TDR, off 6.2%, and SVI, down 5.3%.
- Most regional markets also advanced, with South Korea's KOSPI up 6.5%, while the dollar fell 1.3% against the Thai baht to 32.13.
Can Thailand’s tech boom last by welcoming both US and Chinese investment while its domestic economy struggles? As foreign tech giants pour billions into Thailand, why are nearly a quarter of its local businesses facing collapse?