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SET:DELTA 28 February 2026

Thailand’s SET Index jumps 3% for the week — rate-cut shock fades, CPI looms next

Thailand’s SET Index jumps 3% for the week — rate-cut shock fades, CPI looms next

The SET Index closed Friday down 0.35% at 1,528.26 but gained 3.3% for the week after a surprise Bank of Thailand rate cut to 1.00%. Friday’s trading saw 104.31 billion baht in turnover, with foreign investors net buyers. The baht strengthened 0.4% to 31.02 per U.S. dollar. Advanced Info Service fell 5.94% while KBANK rose 1.26%.

Stock Market Today

  • Tarsus Pharmaceuticals (TARS) Seen as Undervalued Amid Mixed Share Price Momentum
    June 10, 2026, 12:34 PM EDT. Tarsus Pharmaceuticals (TARS) shares rose 3.2% in a day and 7.2% over a week, rebounding from a 23.8% year-to-date fall to $61.55. The stock trades at about 82% below estimated intrinsic value, with analysts assigning a fair value of $94.11, reflecting a 34.6% undervaluation. Growth projections hinge on accelerated uptake of XDEMVY, targeting 25 million U.S. patients, and improved margins amid cost pressures. However, risks include adoption delays and high selling, general and administrative (SG&A) expenses and reimbursement challenges. Investors face uncertainty balancing strong multi-year returns with recent softness, amid evolving market and healthcare sector trends.

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Lemonade Shares Jump as Investors Zero In on Profit Path

Lemonade Shares Jump as Investors Zero In on Profit Path

10 June 2026
Lemonade shares jumped 10.6% to an intraday high above $60 after CEO Daniel Schreiber and CFO Tim Bixby appeared at Morgan Stanley’s U.S. Financials Conference, as investors focused on the company’s reiterated target for positive adjusted EBITDA in Q4 and a fresh TD Cowen price target hike, with shrinking losses and improved underwriting driving optimism.
Ford Shares Slide as F-150 Aluminum Constraint Eases

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10 June 2026
Ford shares slid 3.2% to $14.47 despite Novelis restarting its Oswego aluminum plant, a key F-Series supplier, as investors now focus on how quickly supply ramps up to cut costs and boost production after months of disruption that forced Ford to cut its 2025 profit forecast and warn of up to $2 billion in charges.
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