SET gains as Spanish bailout stirs euro optimism
- Published: 12 Jun 2012 at 00.00
- Newspaper section: Business
The SET jumped yesterday after the weekend brought unexpected news of a 100-billion bailout of Spain's banks, with the index tipped to see 1,300 points by the third quarter.
The Stock Exchange of Thailand returned to positive territory after months of volatile trading due to the uncertain global economy, especially the debt problems of Greece and Spain.
The SET closed at 1,158.07 points, up 30.97 points, in trade worth 30.693 billion baht. Foreign investors were net sellers of 538.38 million baht after being net buyers for two consecutive days last week. Institutional investors were net buyers of 2.01 billion baht. Brokers were net buyers of 2.25 billion baht and retail investors were net sellers of 3.68 billion.
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