Thailand’s research powerhouse Kasikorn Research Center and Kasikorn Securities Plc released a recent results on survey underscoring an optimistic speculation that the stock market may continue to rise for the next week session, pushed by the global economic recovery that continue driving capital infusion into the country.

The Chinese companies remain invest heavily in the country’s infrastructures regardless of the domestic political uncertainties and recent street demonstrations.

Kasikorn Research Center said the most important factors to influent to market next week should be the movements of the US dollar, the oil prices, and the economic data released by both the US and the Europe.

Kasikorn Securities expects the market may move at around 770-760 as resistance points and around 780-790 points as ceiling.

During the previous week sessions, the Stock Exchange of Thailand closed at 5.62 percent higher to 774.59 points, a record high in 22 months since June 2008.

Trade volume leaped 73.76 percent from a previous week of 78.15 billion baht to 135.80 billion baht amid heavily trade on the electronic foreign board.

Foreign investors remain a net buyer of 11.55 billion baht while the domestic individual investors bought 15.58 billion baht.