The Thai stock market continued to head north during the past week, with the benchmark SET index testing 1,640 points on persistent inflows. Better than expected earnings bolstered sentiment on global bourses as the recovery mode turned towards a broadening market.
Throughout the week, market-dominant stocks shifted from banks and blue chips to energy and petrochemicals, as well as stocks with earnings upgrade potential. Domestic factors including progress on direct power purchases, data centre investment and energy measures continued to be medium-term drivers.
