TITLE

Thailand: SETI Primed For 1,000, And Beyond

PUB. DATE
August 2007
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Aug2007, Vol. 18 Issue 8, p3
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article reports on the performance of the Stock Exchange of Thailand Index (SETI) in the stock exchange. The SETI's break above major resistance in the 790-800 area to its highest level since 1997 crisis is a very positive factor for the market, signaling an increase towards 1,000 over the long term. Investors have continued to pour money into the SETI, which broke 800 points on July 3, 2007. Moreover, the main risk to the bullish scenario is the political outlook, which is still uncertain.
ACCESSION #
25793646

 

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