SET flirts with 19-year trading high | Bangkok Post: business

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SET flirts with 19-year trading high

The Stock Exchange of Thailand (SET) index yesterday surged to a 19-year high, propelled by risk taking following fresh assurances of easing monetary policy by the US Federal Reserve.

Eased concerns over China's potential tightening of the property market also lifted market sentiment.

The benchmark index hit an intraday high of 1,555.63 points _ a level unseen since September 1994 _ before retreating to close at 1,549.31, up by 0.56%, amid brisk trading volume of 59.2 billion baht.

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  • boons

    United StatesPost : 664

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    Discussion 1 : 18 Mar 2013 at 05.051

    ... As Europe falls apart, Japan teeters on the edge of economic implosion, US consumption declines and China deflates... Thailand gooses markets up to 20 year highs.

    Ha!

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