The share market almost broke the 1,500-point barrier yesterday as it reached an 18-year peak, but analysts warned profit-taking may occur next week.
The Stock Exchange of Thailand (SET) index rose 25.02 points or 1.7% to close at 1,499.22, also its highest point of the day, after shedding 1.1% on Thursday as investors took profits.
The last time the SET closed above 1,500 was on Nov 7, 1994, when it reached 1,504.15 points. The market reached its all-time high of 1,789.16 on Jan 5, 1994.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.