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SET hits two-year high in record trade.
Byline: Ploy Chitsomboon
Jan. 5--Thai shares continued to greet the new year in a big way yesterday, surging by 2.42 percent to hit a 23-month high in exceptionally heavy trade on strong buying in blue-chips, Wall Street rally and gains in most regional bourses.
The so-called "January effect" pushed the Stock Exchange of Thailand's index to the highest close since Feb 17, 2004.
The SET index yesterday closed at 743.20 points, up 17.56 points, in heavy trade worth 51.47 billion baht, also the highest since January 2004. For a couple of days into the new year, the market has risen 29.47 points.
A jump in global oil prices boosted energy ...
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Source: HighBeam Research, SET hits two-year high in record trade.