Thai stocks outperform peers after referendum - News Summed Up

Thai stocks outperform peers after referendum


The Thai stocks rose on Monday after people voted to accept the draft constitution. Vietnam shares rose 0.33%, led by utility stocks Petrovietnam Gas Joint Stock Corporation and Pha Lai Thermal Power Joint Stock Company. The Jakarta Composite Index rose 0.71% and the Philippine index gained 0.29%, with both markets helped by gains in financials. (Bloomberg photo)Southeast Asian stocks rose on Monday, with Thailand outperforming other markets in the region, after strong US jobs data raised the possibility of a rate hike by the Federal Reserve this year. Members of the media film a screen displaying partial results of the referendum at the Office of the Election Commission on Sunday.


Source: Bangkok Post August 08, 2016 11:26 UTC



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