Thai bourse up on stimulus expectationsThe Stock Exchange of Thailand index jumped up to 3% on Tuesday. (Bangkok Post file photo)The Thai stock market rebounded on Tuesday as expectations of further monetary stimulus by global central banks buoyed investor sentiment previously weakened by the Covid-19 epidemic. The Stock Exchange of Thailand (SET) index edged up 2.94% to close at 1,375.02 points in turnover worth 70.05 billion baht. Thai bond yields have also seen a decline recently following investors’ need to seek refuge in a safe haven asset and growing expectations of additional rate cuts. Most Southeast Asian markets pulled back from session highs, but Indonesia and Thailand held on to their gains.

Source: Bangkok Post March 03, 2020 11:15 UTC