Local equities rally on new peace talks

Published by
The Bangkok Post

Local equities rally on new peace talks Delay of transaction tax also lifts morale Thai equities rallied on Wednesday after progress in peace talks between Russia and Ukraine raised hopes for a resolution and the Finance Ministry’s decision to postpone imposing a transaction tax on individual stock investors boosted investor morale. The SET Index joined a global rally and rose to 1,700 points after Russia announced its plans to cut military operations in Kyiv and surrounding areas. The spot gold price fell to US$1,890 an ounce before rebounding, while the WTI crude oil price dropped 1.6% to $1…

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