Thai share prices closed 0.36 percent higher on Thursday as the bourse welcomed the United States Federal Reserves surprise trillion-dollar debt-buying plan. The Stock Exchange of Thailand (SET) composite index gained 1.52 points to 427.72, while the blue chip SET-50 index added 1.10 points to 297.16.
Gainers led losers, 146 to 133, with 133 stocks unchanged on 2.09 billion shares worth 7.82 billion baht (219.95 million dollars). The Thai baht strengthened against the dollar and finished at 35.55-58 baht from Wednesdays 35.84-86. But the unit weakened against the euro and closed at 47.91-97 from 46.64-69 the previous day.
But he said trading was light with some investors sidelined as they watched the start of a two-day no-confidence parliamentary debate against the government. Thailands top energy firm PTT Plc added 1.00 baht to close at 149.00 and its subsidiary PTT Exploration and Production was unchanged at 95.00. Coal producer Banpu gained 2.00 to 210.00 while Siam Cement edged up 0.50 to 96.50. The kingdoms biggest lender, Bangkok Bank, edged down 0.50 to 76.50. But Kasikorn Bank edged up 0.25 to 43.50 while Siam Commercial Bank was unchanged at 54.00.