Thailand - Market factors to watch - Feb 2
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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