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Bangkok Post
Bangkok Post
Business

SET gains as Asian bourses enjoy upbeat week

RECAP: Asian stocks rose on Friday and were poised for their fifth straight week of gains as China's reopening and data highlighting a resilient US economy boosted investor sentiment.

The MSCI index of Asia-Pacific shares outside Japan, which fell nearly 20% last year, is up nearly 11% so far this month, buoyed by expectations of a strong economic rebound in China and hopes that most major central banks are nearing an end to hefty interest-rate hikes.

Thai shares moved in a range of 1,693.97 and 1,667.43 points this week before closing on Friday at 1,681.30, up 0.2% from the previous week in daily turnover averaging 58.28 billion baht.

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