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November 22, 2009 9:50:05 PM EST

Asian Market Commentary

Thai Shares Tipped To Open Lower

(RTTNews) - The Thai stock market has finished lower now in consecutive trading days, shedding more than a dozen points or 1.5 percent in the process. The Stock Exchange of Thailand fell through support at 700 points, and now analysts are forecasting continued weakness at the opening of trade on Monday.

The global forecast offers little in the way of guidance for the Asian markets as investors are expected to stand largely pat ahead of a raft of crucial economic data out of the world's largest economy this week. Commodities may see a bit of strength after some profit taking last (continued...)

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