Thailand - Market factors to watch - Feb 2

Wed Feb 1, 2012 9:22pm EST

BANGKOK, Feb 2 (Reuters) - Thai stocks are expected to
rise on Thursday, tracking gains elsewhere in Asia after Wall
Street rose overnight on better-than-expected manufacturing
data.	
    On Wednesday, the SET index rose 0.22 percent to
1,086.36, with foreign investors buying shares for a net 213
million baht ($6.87 million) but domestic institutions selling
shares worth 382 million ($12.33 million), the Thai bourse said.	
    Resistance on the main index was seen at 1,075 and 1,100,
with support at 1,020 and 1,035, according to broker KTB
Securities.	
    "The SET will basically run up to the 1,100 level on the
back of gains in major sectors such as bank, telecoms and
retailers," it said in a research note.	
    Click for cumulative trading value by
investor type.     	
 ----------------------MARKET SNAPSHOT @ 0153 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1324.09      0.89%    11.680
 USD/JPY                          76.11       -0.14%    -0.110
 10-YR US TSY YLD                 1.8456          --     0.016
 SPOT GOLD                        1749.16      0.31%     5.460
 US CRUDE                         97.57       -0.04%    -0.040
 DOW JONES                        12716.46     0.66%     83.55
 ASIA ADRS                        126.38       1.40%      1.74
 -------------------------------------------------------------                                  
 
 	
 MARKET SUMMARY       	
> Wall St starts February strong on factory data, Greece       	
> Prices fall as risk sentiment improves                       	
> Dollar pressured as risk appetite improves                   	
> Gold rises on economic optimism, eyes pullback               	
> Brent crude up as China, Iran outweigh US stockbuild         	
 	
    STOCKS AND FACTORS TO WATCH:	
    	
    TMB Bank Pcl         	
    - Thailand's seventh-largest lender by assets said on
Wednesday its net profit should be higher this year than in 2011
because of loan growth that could reach 15 percent plus improved
margins and lower costs.                	
           	
- For the Thai press digest click on:                     	
- For Thailand's stock exchange news click on:            	
- For Thailand corporate earnings:                        	
- For Thailand economic forecast:                         	
    	
     ASIA-PACIFIC STOCK MARKETS: 
  Pan-Asia......             Japan.......       S.Korea...      
  S.E. Asia.....             Hong Kong...       Taiwan....      
  Australia/NZ..             India.......       China.....      
     * OTHER MARKETS: 
  Wall Street ..            Gold .......       Currency..       
  Eurostocks...              Oil ........      JP bonds...      
  ADR Report ...            LME metals.        US bonds..       
  Stocks News US               Stocks News Europe               
     * DIARIES & DATA: 
  IPO diary & data              Asia earnings diary             
  U.S. earnings diary           European diary                  
  Thailand diary                Wall Street Week Ahead          
  Eurostocks Week Ahead          
     * TOP NEWS: 
     For top Asian company news, double click on:               
  U.S. company news             European company news           
  Forex news                    Global Economy news             
  Technology news               Telecoms news                   
  Media news                    Banking news                    
  Politics/General news         Asia Macro data                 
  A multimedia version of Reuters Top News is available at: 
  topnews.session.rservices.com 
     * LIVE PRICES & DATA: 
  World Stocks                    Currency rates                
  Dow Jones/NASDAQ                  Nikkei                      
  FTSE 100                          Debt                        
  Thai baht                         LME price overview         
 ($1 = 30.9925 baht)	
	
 (Reporting by Viparat Jantraprap)

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