India, Feb. 12 -- Ahead of Wednesday's holiday for Makha Bucha Day, the Thai stock market had moved higher in two of three trading days since the end of the seven-day losing streak in which it had plummeted more than 85 points or 6.3 percent. The Stock Exchange of Thailand now sits just above the 1,280-point plateau and it figures to open under pressure on Thursday.
The global forecast for the Asian markets is soft thanks to concerns over the outlook for interest rates. The European markets were up and the U.S. bourses were mostly lower and the Asian markets figure to follow the latter lead.
The SET finished sharply higher on Tuesday following gains from the consumer, food, industrial, property, resource, service and technology sectors.
...