RECAP: The SET Index surged at midweek after listed firms reported record-high second-quarter earnings of 350 billion baht, reviving investor confidence, before easing back on profit-taking yesterday. US equities were rangebound, reflecting mixed opinions on economic data and uncertainty about the size of the Fed's next interest-rate increase.
The SET Index moved in a range of 1,617.00 and 1,642.17 points this week before closing yesterday at 1,625.92, down 0.62% from the previous week, in daily turnover averaging 74.32 billion baht. As of Thursday, foreign investors were net buyers of 22.6 billion baht and institutional investors bought 2.5 billion. Brokerage firms were net sellers of 3.1 billion and retail investors sold 21.9 billion baht worth of shares.