Thai shares were rising in the past recent trading sessions because of the country’s fundamentals strength, the Stock Exchange of Thailand (SET)’s manager and director Patriya Benchapolchai told reporters Wednesday in response to the Red-Shirt protesters’ question about the market manipulation.

The SET composite index closed higher for several consecutive days amid uncertain politics, demonstrations, and worries in the business sector.

The market, however, surprisingly managed to rose in line with the global and regional patterns with heavy trade volume on the electronic foreign board.

Ms. Patriya said the better-than-expected result for the fourth quarter last year of 5.8 percent economic expansion is a key mechanism to drive market strength.

The market is reported a net buying of 32.0 billion baht from February 22′s session through March 17′s.

It is time for speculation, said analysts. There are four possible outcomes subsequence to the demonstrations.

First possibility; if the government can handle the mob, which is most likely, the market may see a surge consequently.

Worst possibility; even the government failed and the parliament dissolved, market crash is still beyond imaginable.

The Red-Shirt demonstrators previously accused Finance Minister Korn Chatikavanich of using taxpayers’ money for stock prices manipulation.

Mr. Korn on Wednesday denied the accusation.