News on Thai Stock Market

Thai Stock Market Rebounds After Policy Turnaround

By Heda Bayron Hong Kong20 December 2006

Thailand's stock market bounced back from its biggest-ever loss after the government lifted restrictions on foreign stock investments. But as VOA's Heda Bayron reports from our Asia News Center in Hong Kong, analysts say the abrupt U-turn in policy has left Thailand's credibility in ruins. ==>> full articles

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Thai stock market rebounds

The Associated Press

Thai stocks jumped 11.2 per cent Wednesday, recovering from an historic fall that shook regional markets and sparked concerns over another Asian financial crisis.
The Stock Exchange of Thailand's benchmark SET Index ended a tense day at 691.55 after it tumbled nearly 15 per cent the day before in reaction to new rules restricting foreign investment aimed at stemming the baht's surge.
In the wake of the turmoil, Thai authorities late Tuesday lifted controls imposed just 24 hours earlier on stock investments while leaving curbs on foreign investment in bonds and other debt instruments. ==> full article