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Stock Exchange of Thailand Upbeat after Holiday Break.

Bangkok Post (Bangkok, Thailand)

| January 06, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Jan. 6--Thai stocks rose 2.43 percent yesterday to welcome the new year, with most regional markets gaining following the holiday break.

The Stock Exchange of Thailand index closed at 790.93 points, up 18.78 points, in trade worth 44.13 billion baht. Leading trade was the banking sector, down 0.21 percent. Energy shares were up 2.29 percent and communications up 7.36 percent.

Viriya Lapromrak, head of research at Kiatnakin Securities, said market sentiment was very upbeat overall.

"The Thai market gained in line with regional markets. Negative news about the school fires and stolen military weapons in the South did not affect the market," she ...

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Source: HighBeam Research, Stock Exchange of Thailand Upbeat after Holiday Break.

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