India, Aug. 20 -- The Thai stock market on Wednesday wrote a finish to the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may hand back those gains on Thursday.

The global forecast for the Asian markets is weak, with technology stocks expected to continue to weigh. The European and U.S. markets were mostly lower and the Asian markets are expected to follow that lead.

The SET finished sharply higher on Wednesday following gains from the food, finance, industrial, property, resource and service sectors.

For the day, the index climbed 12.37 points or 1.00 percent to finish at 1,248.13 after trading between 1,228.43 an...