Monday, July 2, 2007

Thailand's SET Index Exceeds 800 for First Time in a Decade; PTT Climbs

(Bloomberg) -- Thailand's benchmark passes 800 points,
its highest in more than 10 years. PTT Pcl, the nation's biggest
energy company, and its PTT Exploration & Production Pcl unit,
led the gains.

``This is psychological,'' said Visit Tantisunthorn,
secretary general of Thailand's Government Pension Fund, which
manages about 320 billion baht ($9.3 billion) in assets. ``When
it reaches 800, people will talk about 850 and they will talk
about 900.''


Read more at Bloomberg Stocks News

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