Analysts optimistic local bourse uptick will continue | Bangkok Post: business

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Analysts optimistic local bourse uptick will continue

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Thai shares yesterday briefly hit the 1,500-point mark, the highest level in almost a year, before profit-taking pared the gain and sent the market to close below the threshold. 

However, analysts believe the Thai stock market’s uptick will continue, and the bourse will firmly break through the psychological level in coming days due to positive sentiment surrounding it.

The SET index broke through the 1,500-level in early trade as investors took their cue from Wall Street’s all-time high, peaking at 1,504.91 points before investors locked in profits in the afternoon trading session.

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