Thai stocks still moving uptrend

BANGKOK, 19 March 2010 (NNT) – The Thai stocks have continued to move uptrend this morning in line with foreign markets, after an influx of foreign inflows yesterday drove the Stock Exchange of Thailand (SET) index to an all time high.

The foreign net buying of stocks since 23 February 2010 yesterday recorded at 31 billion THB, reaching a 20-month peak.

Stock analysts from KGI Securities (Thailand) say that the stocks will move in positive territory, stabilizing in a positive frame and concurring with the market growth of the US.

The index this morning was at 763.40 points, increasing 4.38 points or by 0.58%, with a trade value of 645.04 million THB.