Friday, December 4, 2009

‘Take Profit’ on Thailand Stocks, Credit Suisse Says

(Bloomberg) -- Investors should “take profit” on Thailand’s stocks as anti-government protesters intensify their rallies against Prime Minister Abhisit Vejjajiva, Credit Suisse Group advised. Gains in global markets in the past month offer investors a chance to sell their Thai holdings, including property stocks, Credit Suisse analyst Dan Fineman said in a report today, reiterating his “underweight” recommendation on the market. An election will be the best outcome for investors as this will give the government greater legitimacy, he added.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aCOb8BZyfr3E

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