Investors buy into Shin Group

Companies in the Shin Group enjoyed a price hike on Tuesday, as investors expected them to benefit from People Power Party's victory in the election.

An analyst said that investors are pyschologically convinced that PDP's policies would help the company in Shin Group. PDP consists of former members of dissolved Thai Rak Thai Party which was founded by Thaksin Shinawatra. Thaksin also founded Shin Corp and last year his family sold the business to Temasek Holdings.

Shin Corp has so far today risen 1.21 per cent or Bt0.30 to Bt25, Advanced Info Service Bt5 to Bt96, Shin Satellite Bt0.60 to Bt9.95.

The SET Index also rose 2.55 per cent or 20.76 points, to stand at 834.36 points.

- The Nation

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Investors buy into Shin Group

Companies in the Shin Group enjoyed a price hike on Tuesday, as investors expected them to benefit from People Power Party's victory in the election.

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