MARKETS
SET soars to 18-year high
- Published: 2 Feb 2013 at 00.00
- Newspaper section: Business
The share market almost broke the 1,500-point barrier yesterday as it reached an 18-year peak, but analysts warned profit-taking may occur next week.
The Stock Exchange of Thailand (SET) index rose 25.02 points or 1.7% to close at 1,499.22, also its highest point of the day, after shedding 1.1% on Thursday as investors took profits.
The last time the SET closed above 1,500 was on Nov 7, 1994, when it reached 1,504.15 points. The market reached its all-time high of 1,789.16 on Jan 5, 1994.
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