Thai shares rise on easing factors
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Thai shares extended its gain Tuesday as two main risk factors ease. The International Court of Justice's ruling as well as the Senate's votes to kill the controversial amnesty bill help ease political pressure. Meanwhile, Thai shares are expected to b
At 11.44am, the Stock Exchange of Thailand index rose 11.16 points or 0.79 per cent to 1,417.07 points. This followed the 0.6 per cent gain yesterday.
In a research note, Capital Nomura Securities said that the index should end in a positive territory today.
Kim Eng Securities (Thailand) also noted that throughout this week, domestic political instability would put pressure on the market. This could prompt continued sell-off of Thai shares and bonds among foreign investors.
