RECAP: Asian and European stocks moved lower yesterday, as US Treasury yields held at the highest level since the global financial crisis of 2008 and investors weighed risks to Chinese markets.
Thai shares moved up this week, and Finansia Securities has a bullish view on the local market. Thailand's economic recovery, the broker says, should help the SET index outperform peers. In the short run, the focus will be on banks' third-quarter earnings and real sector earnings previews.
The SET Index moved in a range of 1,553.80 and 1,597.93 points this week before closing yesterday at 1,591.32, up 2% from the previous week, in daily turnover averaging 55.9 billion baht.
