Thai stocks higher

18 Sep, 2004

Thailand's main stock index ended higher on Friday as foreign buying pushed up shares in PTT after it announced plans to build a new plant and in shipping companies seen benefiting from high freight rates.
The debut of consumer finance firm DE Capital also lifted trade.
The stock closed at 4.1 baht, down five percent from an initial public offering price of 4.3 baht, after investors took profit taking from an early surge to 5.85 baht.
The benchmark Stock Exchange of Thailand composite index closed up 6.34 points, or 0.96 percent, at 668.73 points, after hitting a two-month high of 669.08 points in early trade.

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