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SET 100 greeted with gain.

Bangkok Post (Bangkok, Thailand)

| May 04, 2005 | COPYRIGHT 2005 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: Ploy Chitsomboon

May 4--Thai shares rallied 1.65 percent yesterday to welcome the launch of SET100 index with support from gains on Wall Street and regional bourses.

Selective buying in energy and petrochemical stocks, led by Thai Petrochemical Industry, brought the Stock Exchange of Thailand index to a close at 669.72 points, up 10.84 points, in trade worth 12.31 billion baht. Leading gains were the energy sector, which surged 0.49 percent; communications, up 2.49 percent, and property, up 2.95 percent.

Korawut Leenabanchong, chief investment officer at BoA Asset Management, said the market gain was limited by concerns that the US ...

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Source: HighBeam Research, SET 100 greeted with gain.