Thai share prices closed 1.21 percent higher on Wednesday as foreign investors purchased big-cap shares including energy as world oil prices eased, dealers said.
The Stock Exchange of Thailand (SET) composite index rose 8.20 points to 685.04 and the blue chip SET 50 index was up 6.71 points at 478.89. Gainers overwhelmed losers 194 to 98 and 114 stocks were unchanged with 1.8 billion shares worth 11.0 billion baht (269.3 million dollars) traded.
The Thai baht closed 40.79-85 to one dollar compared to Tuesday's close at 40.84-87 while the euro closed 49.12-58 against 49.23-38 Tuesday.
The market rebounded heavily in Wednesday trade after positive news over world oil prices - which slipped in Asian trade to 62.08 dollars at 0640 GMT - Jakkrit Jaroenmethachai from Finansa Securities said.
The energy sector gained 2.01 percent, finance and securities rose 1.43 percent, banking added 1.37 percent while communication was up 1.17 percent.
Bangkok Bank edged up 1.50 to 97.50, Kasikornbank added 1.00 to 59.50, and Siam Commercial Bank gained 0.50 to 48.25.
Siam Cement rose 4.00 to 220.00, PTT gained 6.00 to 222.00 and PTT Exploration and Production added 4.00 to 424.00.
Thai conglomerate Siam Cement said its third quarter net profit fell 30.0 percent year-on-year, largely on decreased margins in its petrochemicals and paper businesses.
Advance Info Service gained 1.50 to 99.50 but United Communication lost 3.00 to 52.00.
Thai Airways International was up 0.50 to 37.75.
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