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Robust growth, eased conflicts trigger rally.

Bangkok Post (Bangkok, Thailand)

| December 07, 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

Dec. 7--Thai stocks rallied 2.92 percent yesterday as investors snapped up blue-chips in light of easing political tension and better-than-expected economic data.

At the same time, oil prices resumed an upward trend, encouraging investors to buy large-cap energy stocks again.

The SET index closed at 679.16 points, up 19.25, on improved turnover of 18.8 billion baht. Energy stocks led gains, rising 4.31 percent for the day, while banks were up 2.95 percent and communications 3.28 percent.

Yesterday's gain was due mainly to easing political concerns and good news about economic data released by the National ...

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