March 14, 2012 / 2:22 AM / 5 years ago

Thailand - Market factors to watch - March 14

BANGKOK, March 14 (Reuters) - Thai stocks may gain on
Wednesday, reflecting increased risk appetite elsewhere in Asia,
and energy shares should rise after Brent crude prices settled
at an 11-month high.	
    On Tuesday, the SET index edged up 0.29 percent to
1,153.56 in a choppy session. 	
    Domestic institutions sold shares worth a net 923 million
baht ($30.15 million) while foreign investors were net buyers of
265 million baht ($8.66 million).	
    Resistance for the main index was seen at 1,165, with
support at 1,145, brokers said.	
    "The global market gains are pretty good and should support
sentiment in Thai stocks in a meaningful way," said Therdsak
Taveeteeratham, senior analyst at broker Asia Plus Securities.	
    Asian shares rose on Wednesday as upbeat U.S. economic data
boosted investors' risk appetite, while reduced expectations of 
further monetary easing by the Federal Reserve underpinned the
dollar.	
    At 0212 GMT, the MSCI Asia Pacific ex-Japan index
 was up 0.91 percent.	
    Click for cumulative trading value by
investor type.	
    	
 MARKET SUMMARY                                       	
> Wall St rallies in 2012's best day, Citi falls late    	
> Oil ends at 11-month peak on economic data, Fed       	
> Dollar supported by data, Fed, stress test result    	
> Yields climb as Fed sees economic improvement         	
> Gold edges up on bargain hunting, U.S. dollar weighs  GOL/]	
 	
- For the Thai press digest click on:           	
- For Thailand's stock exchange news click on:    	
- For Thailand corporate earnings:           	
- For Thailand economic forecast:       	
    	
     ASIA-PACIFIC STOCK MARKETS: 
  Pan-Asia......             Japan.......       S.Korea...      
  S.E. Asia.....             Hong Kong...       Taiwan....      
  Australia/NZ..             India.......       China.....      
     * OTHER MARKETS: 
  Wall Street ..            Gold .......       Currency..       
  Eurostocks...              Oil ........      JP bonds...      
  ADR Report ...            LME metals.        US bonds..       
  Stocks News US               Stocks News Europe               
     * DIARIES & DATA: 
  IPO diary & data              Asia earnings diary             
  U.S. earnings diary           European diary                  
  Thailand diary                Wall Street Week Ahead          
  Eurostocks Week Ahead          
     * TOP NEWS: 
     For top Asian company news, double click on:               
  U.S. company news             European company news           
  Forex news                    Global Economy news             
  Technology news               Telecoms news                   
  Media news                    Banking news                    
  Politics/General news         Asia Macro data                 
  A multimedia version of Reuters Top News is available at: 
  topnews.session.rservices.com 
     * LIVE PRICES & DATA: 
  World Stocks                    Currency rates                
  Dow Jones/NASDAQ                  Nikkei                      
  FTSE 100                          Debt                        
  Thai baht                         LME price overview         
 ($1 = 30.61 baht)	
	
 (Reporting by Viparat Jantraprap and Wilawan Pongpitak)

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