Jun
17

A $6 Billion Railway Helps Builders Become Thailand’s Top Stocks

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  • 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

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