Thai shares to rise further

SATURDAY, SEPTEMBER 21, 2013
Thai shares to rise further

Thai shares should rise further next week as the US decides not to scale down the bond-buying programme, according to Kasikorn Securities.

 
The Stock Exchange of Thailand index should not fall below 1,380 points and the major resistance levels are at 1,500 and 1,520 points. 
Last week, the index ended at 1,486.76 points, up by 6.12 per cent from the previous week. Average daily turnover rose 9.33 per cent on the corresponding period to Bt53.785 billion.