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Asian Market Updates

Rebound Anticipated For Thai Stock Market

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Ahead of Monday's holiday for Queen Suthida's birthday, the Thai stock market had turned lower again - one day after snapping the two-day slide in which it had stumbled more than 15 points or 1.1 percent. The Stock Exchange of Thailand now sits just above the 1,345-point plateau although it's likely to bounce higher again on Tuesday.

The global forecast for the Asian markets suggests mild upside ahead of key data later in the week, although slumping oil prices may cap the upside. The European and U.S. markets were mixed and little changed and the Asian markets are likely to open in similar fashion.

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