Higher Open Predicted For Thai Stock Market
The Thai stock market has finished lower in back-to-back trading days, tumbling more than 40 points or 2.7 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,550-point plateau and it's expected to halt its slide on Thursday.
The global forecast for the Asian markets is upbeat, with bargain hunting likely amid optimism for a strong economic rebound. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.
The SET finished sharply lower on Wednesday with broadly based losses - particularly from the financial shares and energy producers.
Reference: Nasdaq
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