Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

MARKET COMMENT : Thai Shares Likely Up; Resistance Tipped At 1535

02/21/2013 | 09:05pm US/Eastern

0149 GMT [Dow Jones] Thai shares are expected to rebound after the market's recent decline. "I think downside risk to the Thai stock market is limited due to expected capital inflows," says Thanachart Securities analyst Adisak Phupiphathirungul. He recommends investors buy domestic plays including bank, telecom and property stocks due to their solid 2013 outlooks. Resistance is tipped at 1535, while support is pegged at 1520-1525. The benchmark SET index ended 1.2% lower at 1528.74 Thursday. (payungsak.wiriyabunditkul@dowjones.com)

 
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com 
 
 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

React to this article
Latest news
Date Title
<1m ago EUTELSAT COMMUNIC : and Spacecom Execs Explain Importance of Africa Partnership
<1m ago VIASAT : Orion Express Broadens its Horizon w/VIASAT Channels
2m ago HYATT HOTELS : Statement on Hyatt Regency London – The Churchill
37m ago TRUP ENTE : Taj Mahal offers to restore workers' health care
50m ago MILLENNIUM MINING : Provides Update To Transaction With Elephant Copper Ltd. And Proposes To Extend Term Of Warrants
55m ago Imax to invest $25m on theatres in the region
58m ago PREMIER OIL : Snoozebox seals Premier deal
58m ago AVIVA : Finance advisers aim to win back trust with sessions
58m ago PARKMEAD : set to be key North Sea player, says Cross
58m ago DELTA AIR LINES : Rolls-Royce in Airbus boost
Latest news
Advertisement
Hot News 
SNOOZEBOX : Providing Temporary Hotel For Premier Oil
FAIRFX : Taps John Pearson To Replace Co-Founder As Chairman (ALLISS)
MOL GLOBAL : ATTENTION MOL GLOBAL SHAREHOLDERS: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of MOL Global, Inc.
S&P 500 MOVERS : Gme, rost
FULLER SMITH & TURNER : Pub operator Fuller's first-half profit rises 8 pct
Most Read News
1d ago KATE SPADE : 13 Super Cozy Things on Sale
1d ago Lockheed, Pentagon ink $4.7 billion deal for eighth batch of F-35 fighters
1d ago European Parliament may propose Google break-up in draft resolution
1d ago VISA : sees Visa Europe option now costing more than $10 billion
1d ago ALDAR PROPERTIES PJSC : Demand for units in Abu Dhabi's tallest tower remains strong
Most recommended articles
1h ago AVIVA : says will compensate customers sold wrong annuities
3h ago Albanian opposition rallies against tax, power burden
4h agoDJLavrov Says West Is 'Seeking Regime Change' in Russia
5h ago SGL says in talks with many carmakers to supply carbon fibre parts
6h ago Swiss agency has more queries over Etihad plan to buy Darwin stake
Dynamic quotes  
ON
| OFF