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Shares leap on telecom optimism on Thai Stock Exchange.
Byline: Nuntawun Chitsomboon
Oct. 5--Thai stocks jumped 2.71 percent yesterday to close at a five-month high on active buying by local funds and investor speculation over structural reforms for the telecom sector.
The Stock Exchange of Thailand index yesterday closed at 679.13 points, up 17.9 points, on active trade worth 30.2 billion baht.
Energy stocks jumped 4.05 percent on the day, with communications up 3.93 percent and property up 1.5 percent. Foreign investors were net buyers of some 2.9 billion baht worth of securities for the day, with total purchases of 7.9 billion.
Analysts said positive gains throughout the region and heavy ...
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Source: HighBeam Research, Shares leap on telecom optimism on Thai Stock Exchange.