Thai stocks rose Friday but not enough to prevent the market's first weekly decline in two months, while the baht touched to a 10-month high against the US dollar.
The Stock Exchange of Thailand Index gained 6.07 points from Thursday to close at 1,412.06, down 0.3% from the previous Friday's close of 1,416.66 for its first decline since the week ended Nov 16. Turnover was heavy at 54.89 billion baht, with 14.57 billion shares traded.
The SET fell 1.2% on Thursday, its steepest decline in five months, on what exchange executives said was profit-taking by foreign investors. The index dropped further to 1,392.61 shortly after Friday's opening but recovered in the afternoon.
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