Thailand’s SET Index closed at 1,248.13 points, increased 12.37 points or 1.00% with a trading value of THB 43.12 billion. The analyst stated that the Thai market surged in response to buying forces in major stocks in the global play theme, including the petrochemical and refinery group. The market also rebounded after having declined for straight 3-4 sessions.
The analyst expects the Thai market to trade sideways-up tomorrow.
Quang Ninh province has given the green light for Sun Group to build a $2 billion luxury tourism and casino complex in the Van Don Economic Zone, marking a watershed moment for the country’s entertainment industry.
The lower house of India’s parliament has proposed a bill that aims to restrict the promotion and operation of gaming apps that require users to pay money as an effort to combat addiction, money laundering and financial frauds that have been committed through these apps.
Annual inflation in the U.K. accelerated to 3.8% in July, outpacing economists’ forecasts and reaching its highest level since early last year.
Analysts had expected a slightly cooler 3.7% reading, following a 3.6% uptick in June. Core inflation, which strips out volatile components such as energy and food, also climbed to 3.8% year-over-year, edging up from June’s 3.7%.
