Thailand enters bull market

|By:, SA News Editor

Thailand gained 1.1% overnight, putting the SET Index in bull market territory (20% above this year's low) amid hope the military takeover will stabilize things enough for the economy to get motoring again. An index of consumer confidence rose to 70.7 in May from 67.8 in April, the first gain in 14 months.

Last week, the military lifted the curfew in Bangkok after earlier easing restrictions on Thailand's main tourist cities.

ETFs: THD

CEF: TTF, TF