Asian Market Updates

Thai Stocks: Resistance Expected At 1,650 Points

The Thai stock market bounced higher again on Monday, one session after ending the six-day winning streak in which it had gathered more than 20 points or 1.3 percent. The Stock Exchange of Thailand now rests just beneath the 1,650-point plateau although it's likely to head south again on Tuesday.

The global forecast for the Asian markets is mixed to lower, with technology stocks expected to weigh - although support from crude oil prices should limit the downside. The European and U.S. markets were mixed and the Asian bourses figure to follow suit.

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by RTTNews Staff Writer

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