Seeking Alpha

Thai stocks rally, adding to Monday's gains

  • Thai stocks (THD, TF, TTF) surge 2.6% in Bangkok.
  • "Higher oil prices bolstered buying in energy stocks," Reuters notes.
  • While the SET may be seeing some bargaining hunting at present, investors will be watching the political situation closely, as protestors have pledged to literally shutdown the capital on January 13; a show of defiance ahead of new elections planned for February.
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