India, July 15 -- The Thai stock market has moved higher in three straight sessions, accelerating more than 50 points or 4.5 percent in that span. The Stock Exchange of Thailand now sits just above the 1,160-point plateau although it may open under water on Wednesday.
The global forecast for the Asian markets is soft, with weakness expected from the oil, finance and property stocks, while the technology companies may offer support. The European markets were down and the U.S. bourses were also mostly soft and the Asian market figure to open in the red.
The SET finished sharply higher on Tuesday following gains from the food, consumer, property, resource, service and technology sectors.
For the day, the index jumped 17.70 points or 1.55 pe...