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Thai Stock Exchange Index Will Close Near 450 by Year's End, Report Predicts.

Bangkok Post (Bangkok, Thailand)

| September 04, 2002 | COPYRIGHT 2002 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

Byline: Nuntawun Polkuamdee

Sep. 4--Market capitalisation for the Stock Exchange of the Thailand is on track to increase by 500 billion baht this year from the listing of state enterprises and private companies, according to Asset Plus Securities.

Market capitalisation currently stands at around 1.9 trillion baht, 300 billion baht more than at the end of last year.

Asset Plus, in a research report, said the Stock Exchange of Thailand's main index, now around 355 points, was likely to close around 450 by the end of this year and 650 at the end of 2003.

Assuming no major economic uncertainties overseas, profitability for listed firms was ...

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Source: HighBeam Research, Thai Stock Exchange Index Will Close Near 450 by Year's End, Report...

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