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Bangkok Post
Bangkok Post
Business

Investors cheer end of US debt drama

RECAP: Asian stocks advanced on Friday, buoyed by the passage of an agreement that averts a US debt default. Hopes that the US Federal Reserve will decide against lifting interest rates this month also lifted sentiment.

Thai shares moved in a range of 1,521.31 and 1,545.55 points last week before closing at 1,531.20 on Friday, up 0.024% from a week earlier, on average daily trading value of 49.18 billion baht.

Retail investors were net buyers of 6.17 billion baht, followed by institutional investors at 3.26 billion. Foreign investors were net sellers of 9.22 billion baht, followed by brokers at 209.35 million.

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