SE Asian markets: Thai stocks outperform

13 Apr, 2012

Stocks in Thailand and the Philippines snapped four-day losing streaks in light volume on Thursday along with positive sentiment across Southeast Asia as investors bought beaten-down blue chips and resource shares. Thailand's benchmark SET index climbed 1.3 percent, with market turnover halving its average volume of the last 30 sessions.
The Philippine index edged up 0.6 percent to a one-week high of 5,046.78. The Thai bourse said foreign investors sold shares worth a net 1.43 billion baht ($46.28 million) on the session. The market will be closed on April 13-16 for the Songkran holiday.

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