Finance Home - Business News - Sify - SE Asia Stocks-Thai index hits highest close in over 2 decades

SE Asia Stocks-Thai index hits highest close in over 2 decades


23 November 2017 09:03

By Chris Thomas Sept 12 (Reuters) - Thai shares continued their winningstreak for a ninth session and closed at their highest in nearly24 years on Tuesday, while other Southeast Asian stock marketsedged up, tracking broader Asia. The Thai index gained 0.4 percent and closed at1,643.55, its highest since January 1994. Gains in conveniencestore operator CP All Pcl and retailer Home ProductCenter Pcl boosted the index. MSCIs broadest index of Asia-Pacific shares outside Japan rose as much as 0.4 percent to their highestsince December 2007, drawing confidence from strong overnightgains on Wall Street. Investors are awaiting the China retail sales data and theindustrial production data due this week, said Liu Jinshu,director of research at NRA Capital. U.S. CPI data is also due Thursday, so the markets may bewaiting for any cues following last weeks volatility, headded. Tensions on the Korean Peninsula have been weighing on Asianequities. The Uni.
SE Asia Stocks-Thai index hits highest close in over 2 decades. This article is published at 23 November 2017 09:03 from Sify Indian Business and Finance News, click on the read full article link below to see further details.


Read Full Article on Sify >>

Tags : Asia, Stocks, Thai, index, hits, highest, close, over, decades


Share