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Bangkok Post

Business

Asian markets steady after US tech rout

United States Europe Amazon DE European Central Bank TU

Recap: Asian equities steadied while Wall Street futures rebounded on Friday after an earlier tech rout, encouraged by better-than-expected earnings from Amazon. The European Central Bank's hawkish stance hurt stocks in Europe.

The SET index moved in a range of 1,646.88 and 1,678.72 points this week before closing yesterday at 1,674.22, up 2.12% from the previous week, in low daily turnover averaging 65.94 billion baht.

Foreign investors were net buyers of 2.28 billion baht, institutional investors bought 1.61 billion and brokerage firms purchased 1.34 billion baht worth of shares. Retail investors were net sellers of 5.23 billion baht.

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