The Stock Exchange of Thailand (SET) index on Tuesday surged 0.87 per cent to close at 1,706.95. Now that the timetable has been made clear it has had a positive impact on the stock market while economic fundamentals have not changed much, he said. Another factor relating to the rising stock market is North Korean not firing more missiles. Kasikorn Securities predicted the SET index at 1,700 at the end of this year while TISCO securities is even more bullish, forecasting 1,750 by the end of this year. Prinn Panitchpakdi, CEO of CLSA, agreed the date boosted the SET to its highest since it peaked in 1994.

Source: The Nation Bangkok October 10, 2017 17:37 UTC