ID :
201300
Mon, 08/15/2011 - 09:14
Auther :
Shortlink :
http://m.oananews.org//node/201300
The shortlink copeid
SET rose 15 points, tracking global gains
BANGKOK, August 15 (TNA) - The Stock Exchange of Thailand (SET) added 12 points when it opened for trading on Monday, tracking gains in global stock markets, which rebounded when the U.S.’s economic outlook turned out more positive.
At 10.35 a.m., the SET index was up 16.03 points or 1.51 percent, at 1078.10, with trading value at 7.3 billion baht.
Assistant Director of the Department of Stock Analysis of BFIT Securities Abhisit Limsupanak said the Stock Exchange of Thailand’s rise was driven by Italy’s austerity package to reduce its budget deficit, which alleviated the need to issue new government bonds and led to a rebound in the U.S. and the E.U. stock markets. However, Abhisit said investors should closely watch Europe’s public debt situation. (TNA)
At 10.35 a.m., the SET index was up 16.03 points or 1.51 percent, at 1078.10, with trading value at 7.3 billion baht.
Assistant Director of the Department of Stock Analysis of BFIT Securities Abhisit Limsupanak said the Stock Exchange of Thailand’s rise was driven by Italy’s austerity package to reduce its budget deficit, which alleviated the need to issue new government bonds and led to a rebound in the U.S. and the E.U. stock markets. However, Abhisit said investors should closely watch Europe’s public debt situation. (TNA)
