The Stock Exchange of Thailand moved mostly sideways last month. The index started out the month on a positive footing, gaining almost 30 points to peak at 1,695.99. However, after poor results from banks and big conglomerates such as SCC, the SET retreated to close at a January low of 1,671.46, up only 0.2% from the year-end.
Average daily turnover shot up 27% from the month before to 68 billion baht. Foreign investors, net buyers since the beginning of the year, bought more than 20 billion baht in the first half of the month.
