SET jumps nearly 1% | Bangkok Post: business

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SET jumps nearly 1%

Thai stocks rose nearly one percent on Friday in line with gains in Asian markets amid signs that China's growth is rebounding, while the Bank of Thailand raised its growth forecast for the country.

The Stock Exchange of Thailand Index rose 13.49 points or 0.95% to close at 1,434.44 up 1.6% from the previous Friday's close of 1,296.98. Turnover was 60.33 billion baht, with 35.86 billion shares traded.

The central bank said rising exports, domestic consumption and investment would lift Thai GDP this year by 4.9%, compared with a forecast of 4.6% in October.

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  • avegetable

    ThailandPost : 194

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    Discussion 1 : 18 Jan 2013 at 18.201

    "The central bank is closely watching the situation and has measures to deal with the issue if needed," he said.

    They couldn't do anything, they are not doing anything, and they won't do anything. Strong Baht, 300 minimum wage and corrupt officials - it's time for exporters to pack up and find new professions.

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