Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  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
09:31a BARCLAYS : SMMT figures - Barclays' comment
09:31a DAL'NEVOST MORSKOE PAROKHODSTVO : FESCO launches new block train on the route Vladivostok — Moscow to Kupavna station
09:31a GAZ METRO : GE Capital, Canada and Gaz Métro join forces to accelerate trucking industry's move to natural gas
09:31a LLOYDS BANKING : Board Change
09:31a EFTA EUROPEAN FREE TRADE ASSOCIATION : and the Philippines hold second round of negotiations
09:31a SOUTH JERSEY : Declares Quarterly Dividend
09:31a NATIONAL BANK : Commences Self Tender Offer to Repurchase up to $100 million of its Common Stock Through a Modified "Dutch Auction" Tender Offer
09:31a NEUCA : CEO comments on the pharmaceutical wholesale situation (WPROST)
09:31a NEUCA : the market's favourite
09:31a GREENTOWN CHINA : Resignation of non-executive directors, vice chairman of the board and member of the audit committee, ...
Latest news
Hot News 
INTERCEDE : Quarterly Revenue Doubles On Year Before, Outlook Positive
BILLINGTON : Set To Beat Market View After Strong First Half Trading
NISOURCE : Kevin T. Kabat to join NiSource Board of Directors
AVINGTRANS : Offloads Aldridge Site In West Midlands For GBP1.1 Million
EUROPA OIL & GAS () : Placing and Open Offer
Most Read News
06:16a Rolls-Royce cuts profit forecasts as new CEO takes helm
07/05DJBeijing's Effort to Halt Market Decline Yields Mixed Results
07/05 LIPPO MALLS INDONESIA RETAIL : Drawdown Of The Term Loan Facility And Use Of Proceeds
07/05 BIOTRON : 6 Jul 2015Independent Review of BIT225 Trial Data Supports Development in Combination with New HCV Drugs
12:36aDJOil Sinks on Greek Vote, Focus on Iranian Nuclear Deal
Most recommended articles
09:30a Economic Threat Bigger Than Greece? Or Opportunity…
09:22a Austria files lawsuit against EU Commission over UK nuclear plant
09:20a COT-Yen Speculative Manic Selling Turns to Manic Buying
09:18a Strikes loom after talks between Lufthansa and pilots fail
09:15aDJRussian Consumer Price Inflation Eases Further in June