Bangkok Bank brokerage aims to raise market share

BANGKOK Jan 13 (Reuters) - Thailand's Bualuang Securities BLS.BK, a subsidiary of top lender Bangkok Bank BBL.BK, said on Tuesday it aimed to raise its 2009 market share in commission fees to 5 percent from about 4 percent in 2008.

The brokerage said in a statement it expected 2009 revenue from investment banking to rise 33 percent to 120 million baht ($3.44 million) despite the domestic and global economic crisis.

"The brokerage sector will be volatile this year due to the impact from internal and external economic problems," the statement said.

At 0417 GMT, Bualuang shares were down 2 percent at 7.30 baht, while the overall Thai stock market was 1 percent lower. ($1=34.87 Baht) (Reporting by Khettiya Jittapong; Editing by Alan Raybould)