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Weak currency adds lustre to export stocks.

Bangkok Post (Bangkok, Thailand)

| June 03, 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

Jun. 3--Local analysts say export-related stocks are likely to be the big winners over the next several months thanks to trends pointing towards a weaker baht.

Research heads from 21 securities brokers highlighted export stocks as their top picks in a recent survey by the Securities Analysts Association.

"With the Thai baht weakening against the US dollar, most local analysts share a similar view that export-related stocks will become more attractive," said Sombat Narawutthichai, the deputy chairman of the Securities Analysts Association.

Mr Sombat said the SAA survey showed that 58 percent of local analysts ...

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Source: HighBeam Research, Weak currency adds lustre to export stocks.