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Bangkok Post
Bangkok Post
Business

Asian markets jump as US inflation cools

United States Inflation the Federal Reserve US Federal Reserve Pita Limjaroenrat China CPALL Move Forward SET
Investors monitor share prices at Asia Plus Securities on Sathon Road, Bangkok. (File photo)

RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.

Thai shares staged a rally on global factors despite continuing political uncertainty locally. The SET Index move in a range of 1,482.21 and 1,519.08 points this week before closing yesterday at 1,517.92, up 1.84% from the previous week, in daily turnover averaging 41.95 billion baht.

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