India, Jan. 26 -- The Thai stock market bounced higher again on Friday, one day after ending the two-day winning streak in which it had improved more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,355-point plateau although it figures to see renewed consolidation on Monday.
The global forecast for the Asian markets is cautious ahead of the FOMC meeting later this week. The European and U.S. markets were mostly lower and the Asian bourses are expected to follow that lead.
The SET finished modestly higher on Friday following gains from the food, industrial, property, resources and technology sectors.
For the day, the index improved 9.90 points or 0.74 percent to finish at the daily high of 1,354.0...