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

Latest news
Date Title
1m ago LLOYD FONDS : Aktiengesellschaft: Dr. Torsten Teichert remains for three more years CEO of Lloyd Fonds AG. Change in Management Board. (DGAP News)
1m ago New Mexico Sees Boom in Transmission Investments as Permian Oil Production Expands, an Industrial Info News Alert
2m ago RESEARCH AND MARKETS : Global Maritime VSAT Market Report 2014
4m ago HSBC : boss says EU banker bonus cap a 'retrograde' step
4m ago GAZPROM NEFT' : Neft supporting competition for Gabriel Lamé chair at St Petersburg University
5m ago COCA COLA : Foundation
5m ago SHANGHAI AERO AUTO ELECTROMECHANICAL : SAAE Sets aside Impairment in Remaining Investment in Unit
5m ago ZTE Snatches Big Market Share in China Mobile Procurement
5m ago LUXSHARE PRECISION INDUSTRY : Q1-Q3 Net Up 96%
5m ago LUXSHARE PRECISION INDUSTRY : Q1-Q3 Net Up 96%
Latest news
Advertisement
Hot News 
DOMINION MIDSTREAM PARTNERS : Closes Initial Public Offering
STRATMIN GLOBAL RESOURCES : Seals Offtake Agreement With Independent Global Graphite Merchant
NCR : Third Quarter 2014 Earnings Conference Call Rescheduled for October 23
NORTHERN PETROLEUM : Drilling and production update
Blur Group Signs Tesco and Argos to Platform
Most Read News
2h ago Total CEO de Margerie killed in Moscow as jet hits snow plough
1d ago Chipotle stock dips as sales growth forecasts come down
1d ago GULFMARK OFFSHORE : Announces Third Quarter 2014 Operating Results
1d agoDJASIAN SHARES : Hang Seng Rises on China Growth Data -- Update
1d ago New Microsoft CEO pay tops $80 million with big stock awards
Most recommended articles
4m ago HSBC : boss says EU banker bonus cap a 'retrograde' step
7m ago Daimler eyes stake in motorbike maker MV Agusta - report
12m agoDJAsda Is Winner in Supermarket Share War; Tesco Makes Comeback
21m agoDJChinese Data Drives Oil Higher
25m agoDJBritish Public Sector Borrowed More Than Expected in September --Update
Dynamic quotes  
ON
| OFF