Thai shares jumped 7.84 per cent Monday on good news for banks and energy stocks and the avoidance of political violence in Bangkok over the weekend, reproted dpa.
The Stock Exchange of Thailand (SET) index ended at 449.19, up 32.66 points, on modest trade amounting to 17 billion baht (494 million dollars).
"Thai stocks were following other markets today," said Phuwadon Larpudomsuk, an analyst at Asia Plus Securities.
Investors snapped up bank shares on growing confidence in the sector worldwide and energy shares on news that oil prices were up.
"The good news domestically was there was no violence over the weekend," said Phuwadon.
There was a mass pro-government rally staged in Bangkok on Saturday that some feared would turn into a confrontation with hard-core anti-government protests. But the rally was carried out peacefully.