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May 21, 2012 -- Updated April 20, 2010 08:51 HKT

Thailand Stock Exchange Surges

Thailand Stock Exchange rose 5.43 per cent Tuesday on speculative buying after the market was hit hard by political instability last week, brokers said.

 

The Stock Exchange of Thailand (SET) Index ended at 765.76, up 39.47 points.

 

“This jump was higher than expected,” said Chaiyod Juwangkul, an analysts at Country Group Securities.

 

 ”Speculators have entered the market after it had dropped almost 100 points recently,” he said.

 

 The SET Index has been falling steadily since emergency law was declared in Bangkok on April 7 to deal with anti-government protestors who have been holding demonstrations in the capital since March 12.

Posted by on Apr 20th, 2010and filed underAsia, Latest News, News & Events.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site

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