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Thai Stock Market May Add To Its Winnings On Friday

(RTTNews) - The Thai stock market has climbed higher in two straight sessions, collecting almost 20 points or 1.2 percent along the way. The Stock Exchange of Thailand now rests just above the 1,595.82-point plateau and it may extend its winning streak on Friday.

The global forecast for the Asian markets is upbeat on continued optimism over the reportedly forthcoming trade agreement between the United States and China. The European and U.S. markets were firmly higher and the Asian bourses are tipped to follow suit.

The SET finished sharply higher on Thursday following gains from the financial shares and the energy producers.

For the day, the index advanced 15.98 points or 1.01 percent to finish at 1,595.82 after trading between 1m583.18 and 1,597.92. Volume was 17.737 billion shares worth 54.494 billion baht. There were 921 gainers and 707 decliners, with 389 stocks finishing unchanged.

Among the actives, Advanced Info soared 2.35 percent, while Thailand Airport climbed 1.35 percent, Asset World plunged 2.56 percent, Banpu jumped 1.68 percent, Bangkok Bank spiked 2.19 percent, Bangkok Dusit Medical advanced 0.96 percent, BTS Group perked 1.52 percent, Charoen Pokphand Foods gathered 0.91 percent, IRPC skyrocketed 7.07 percent, Kasikornbank collected 1.66 percent, Krung Thai Bank accelerated 1.83 percent, PTT added 3.41 percent, PTT Exploration and Production gained 2.41 percent, PTT Global Chemical rose 3.95 percent, Siam Commercial Bank was up 0.41 percent and Siam Concrete, TMB Bank and Bangkok Expressway were unchanged.
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