(Update1) Thailand’s biggest brokerage is
urging investors to hold “100 percent cash” on concerns the
SET Index may extend its drop with overseas investors selling
stocks amid speculation that political instability will rise.
(Update1) Thai stocks may rebound from the
biggest two-day decline in one year amid reduced sales by
foreign investors and the nation’s economic recovery, Finance
Minister Korn Chatikavanij said.
Thailand’s benchmark stock index is
poised to fall, Country Group Securities Pcl said, citing a so-
called bearish engulfing pattern that emerged yesterday.
Thailand’s benchmark stock index is
poised to fall, according to Tisco Securities Co., which
identified a so-called bearish engulfing pattern that emerged
yesterday.
Thai initial public offerings may
more than double in the second half from the first six months of
the year as the SET index heads for its best-performing quarter
since 1999, said Patareeya Benjapolchai, the bourse’s president.
Thai stock trading momentum will drive
the benchmark index 13 percent higher in two months even after
it triggered Bollinger Band sell signals for three straight days,
Chart Partners Group Ltd. said.
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