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Bangkok Post
Bangkok Post
Business

Asian shares follow Wall Street upward

RECAP: Asian stocks climbed after Wall Street posted its first advance this month, with traders focused on upcoming US inflation figures for clues on the path of interest-rate increases.

Activity on the Thai stock market is expected to slow down next week as the Christmas and New Year festivals draw nearer and most institutional investors take a break. In addition, investors will be reassessing their positions in light of the new share transaction tax scheduled to take effect next year.

The SET Index moved in a range of 1,605.06 and 1,640.87 points this week before closing yesterday at 1,623.13, down 1.1% from the previous week, in daily turnover averaging 52.18 billion baht.

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