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Thai Stock Exchange Posts 2.2 Percent Lift in Upbeat Mood.

Bangkok Post (Bangkok, Thailand)

| January 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: Krissana Parnsoonthorn

Jan. 4--Thai share prices gained 2.25 percent in active trade yesterday, with foreign buyers targetting blue chips and local investors making speculative plays.

The Stock Exchange of Thailand's prime index closed at 312.05 points, up 6.86 points, in turnover worth 17.53 billion baht.

Leading gains were finance stocks (up 3.45 percent), banks (up 3.3 percent) and energy (up 2.03 percent).

Namchai Techaratanaviroj, a senior strategist at Phillip Securities, said that sentiment was very upbeat with foreign institutions turning their attention to big-cap stocks.

The flow of foreign investment into ...

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