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Bangkok Post
Bangkok Post
Business

Healthy earnings, less aggressive Fed lift shares

Recap: European and US stocks advanced yesterday amid positive corporate earnings reports and the prospect of less aggressive rate hikes from the US Federal Reserve. Hong Kong and Chinese markets pulled back as tech stocks corrected and the Chinese government signalled limited new stimulus ahead.

The SET index moved in a range of 1,548.1 and 1,576.78 points this week before closing on Wednesday at 1,576.41, up 1.53% from the previous week, in daily turnover averaging 58.61 billion baht for three operating days.

Foreign investors were net buyers of 4.38 billion baht, brokerage firms bought 381.68 million baht and institutional investors purchased 324.48 million baht worth of shares. Retail investors were net sellers of 5.08 billion baht worth of shares.

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