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Thai shares surge 3.17% on energy stock purchases
BANGKOK, Oct 25 - The Stock Exchange of Thailand (SET) composite index on Thursday surged 3.17 per cent thanks to speculative buys in energy stocks as investors believed global oil prices would reach US$100 a barrel, dealers said.
The SET index closed at 893.45 points, up 27.42 points from Wednesday, with a turnover of more than Bt22 billion.
A dealer at Sicco Securities said investors bought energy shares after finding that the mid-December contract was struck at US$100 a barrel and it......
