Thai stocks surged Wednesday, driving the Stock Exchange of Thailand's benchmark index to its highest level since November, 1994.
It has been a tough ride for the SET in the last few years, as the index dropped to nearly 600 before rising to Wednesday's highest point in more than 18 years.
The SET Index climbed 1.7 per cent to 1,514.11 at the close in Bangkok. PTT Pcl shares rose four per cent, the most since November, 2011, as crude oil traded near a one-week high. Bangkok Bank Pcl jumped 3.4 per cent, the biggest increase since Jan 28.
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