Thai stocks seen rebouding, Banks, energy in focus

BANGKOK, May 13 (Reuters) - Thai stocks are expected to recover from a two-day falling streak on Tuesday after a rebound on Wall Street and other Asian markets, analysts said.

Banks .SETB should edge higher a day after falling to a seven-week low, and construction firms .SETCO, which dropped for a third consecutive day, could draw buyers.

"Investors are likely to buy back some battered shares like banks and other firms, except the energy sector," Siam City Securities analyst Sukit Udomsirikul.

However, selling of energy firms .SETEN should continue as rising fuel costs pressure margins in their petrochemical businesses, the analysts said, expecting resistance on the main index .SETI at 846-847 points and support at 838-840 points.

On Monday, the benchmark SET index fell 0.53 percent to 842.22 points, weighed down by selling of energy and petrochemical firms.

Click [TH/TRADING01] for cumulative trading value by investor type. ----------------------MARKET SNAPSHOT @ 0154 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG S&P 500 .SPX 1403.58 1.1% 15.300 USD/JPY <JPY=> 103.83 -0% 0.000 10-YR US TSY YLD <US10YT=RR> 3.7974 -- 0.000 SPOT GOLD <XAU=> 882.3 0.05% 0.400 US CRUDE CLc1 123.88 -0.28% -0.350 DOW JONES .DJI 12876.31 1.02% 130.43 ASIA ADRS .BKAS 163.14 0.30% 0.49 ------------------------------------------------------------- MARKET SUMMARY > Oil falls from record high on China demand worries [O/R] > Tech rally, oil's fall drive Wall St's gains

[.N] > Dollar keeps gains vs yen as stocks eyed [USD/] > Tresuries prices slip as stock rally damps safe-hav[US/] > Gold edges down as oil rally comes to halt

[GOL/]  Continued...