Thai Hot Stocks - Index seen higher on energy, banks

Mon Jan 5, 2009 9:11pm EST
 
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 BANGKOK, Jan 6 (Reuters) - Thai stocks are expected to open
higher on Tuesday, led by heavyweight energy shares and banks,
analysts said.
 "Big cap energy shares may still look attractive after the
recent rise in oil prices, but there is going to be some profit
taking after yesterday's rally," Therdsak Taveeteeratham,
analyst at Asia Plus Securities, said.
 The main SET index .SETI surged 6.39 percent to a
two-month high of 478.69 on Monday, led by energy firms PTT
(PTT.BK) and PTT Exploration (PTTE.BK).
 Click [TH/TRADING01] for cumulative trading value by
investor type. ----------------------MARKET SNAPSHOT @ 0132 GMT
------------
                 INSTRUMENT   LAST       PCT CHG   NET CHG
S&P 500             .SPX       927.45      -0.47%    -4.350
USD/JPY             JPY=       93.14       -0.33%    -0.310
10-YR US TSY YLD    US10YT=RR  2.4897          --     0.014
SPOT GOLD           XAU=       853.55      -0.62%    -5.350
US CRUDE            CLc1       46.52        4.30%     1.920
DOW JONES           .DJI       8952.89     -0.91%    -81.80
ASIA ADRS           .BKAS      97.94        0.07%      0.07
-------------------------------------------------------------
  MARKET SUMMARY > Crude oil steady below $49 after gains on
Gaza       [O/R] > Wall St slips on telecom, financials; Apple
jumps      [.N] > Dollar dips vs yen after hitting nearly 1-mth
high   [USD/] > Longer bonds balk at looming issuance binge    
   [US/] > Gold extends losses in early Asia trade          
[GOL/]
 FACTORS TO WATCH
 - Thailand's PTT Aromatics and Refining PTTAR.BK said on
Monday it was terminating a joint operating agreement with Star
Petroleum Refining Co from Feb. 1, but it expected no operating
difficulties. [ID:nBKK419051]
 - Advanced Info Service ADVA.BK said on Monday it
expected revenue from non-voice services to rise 25 percent in
2009 due to higher demand for data downloads.
 [ID:nBKK359978]
 - For the Thai press digest click on   [ID:nBKK345648]
 - For Thailand's IPO diary click on       <TH/IPOMENU>
 - For Thailand's stock exchange news click on [TH-SET]
 - For Thailand corporate earnings:       [TH-RES-RTRS]
 - For Thailand economic forecast:   [POLL-ECI-TH-RTRS]
 ($1=34.80 Baht)
 (Reporting by Viparat Jantraprap; Editing by Darren
Schuettler)






























































 
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