India, May 1 -- Ahead of Thursday's Labor Day holiday, the Thai stock market had moved higher in four straight sessions, gathering more than 50 points or 4.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau and it's expected to tick higher again on Friday.
The global forecast for the Asian markets is upbeat, with support expected from the oil and technology companies in particular. The European and U.S. markets were up and the Asian markets are expected to follow that lead.
The SET finished sharply higher on Wednesday following gains from the food, finance, industrial, property, resource, service and technology sectors.
For the day, the index rallied 26.14 point or 2.23 percent to finish...