Stock investors warned against profit-taking

MONDAY, MARCH 07, 2016
Stock investors warned against profit-taking

Brokerage houses have warned against share sell-off this week, after the Stock Exchange of Thailand Index rose 3.5 per cent in the past four trading days.

Tisco Securities said there was a sign of "overbought" as the index advanced three straight weeks, gaining 8.1 per cent in this round. 
"Profit taking is iminent though foreign fund inflows would continue," it said in a research note.
At 11.26am, the SET index gained 13.43 points or 0.97 per cent to 1,392.96 points, on turnover of Bt21.5 billion.