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Thai Analysts Tout Property Stocks As Current Hot Tip for Investors.

Bangkok Post (Bangkok, Thailand)

| June 05, 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: Krissana Parnsoonthorn

Jun. 5--Property stocks are currently tipped as good investment choices for investors, with gains of over 80 percent since the start of this year, and a steady improvement in the industry overall would create earnings momentum, said analysts.

Sumek Chantrasuriyarat, an analyst at Bualuang Securities, said the property sector had gained 83.8 percent since the beginning of this year, beating a 33.9 percent rise in the Stock Exchange of Thailand, a 44.3 percent rise in the finance sector and a 24.1 percent gain in electronics.

The huge gains in the property sector, especially the stocks of established developers, was ...

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Source: HighBeam Research, Thai Analysts Tout Property Stocks As Current Hot Tip for Investors.

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