Jun
17
A $6 Billion Railway Helps Builders Become Thailand’s Top Stocks
By-
Construction firms have rebounded from worst quarter on record
- Thailand to release detailed plans for rail project on Monday
A revival in optimism about Thai infrastructure projects has helped shares of the nation’s contractors rebound from a record slide.
A measure of construction and engineering companies has surged about 7 percent so far this quarter, making it the biggest gainer among the Stock Exchange of Thailand’s 28 industry sub-gauges. That marks a turnaround from the group’s worst ever slide of 18 percent in the previous quarter. The shares are a rare bright spot in Thai equities, with the benchmark SET Index down 4 percent since March…
A $6 Billion Railway Helps Builders Become Thailand’s Top Stocks
