SET back to life, hitting 18-year high | Bangkok Post: business

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SET back to life, hitting 18-year high

Inflows, regional trend help lift prices

  • Published: | Viewed: 1,320 | Comments: 0
  • Newspaper section: Business
  • Writer: Nuntawun Polkuamdee & Bloomberg
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Thai stocks surged, driving the benchmark index to its highest level since November 1994, as data showed domestic investors bought equities for a fourth day. 

The SET Index climbed 1.7% to 1,514.11 at the close. PTT rose 4%, the most since November 2011, as crude oil traded near a one-week high. Bangkok Bank (BBL) jumped 3.4%, the biggest increase since Jan 28.

Institutional investors, brokers and foreign investors were net buyers of 1.52 billion, 992.75 million and 823.73 million baht respectively yesterday while retail investors were net sellers of 3.33 billion baht.

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