SET jumps nearly 1%
- Published: 18 Jan 2013 at 16.54
- Online news:
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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