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Bangkok Post
Bangkok Post
Business

Shares dip as Apple price hikes hit tech sentiment

RECAP: Asian shares pulled ‌back on Friday after a stellar quarter, as hefty price hikes by Apple revealed the downside of booming chip demand and depressed tech shares, while the threat of Japanese intervention kept the yen from hitting 40-year lows.

The Thai index consolidated as sentiment was capped by rising uncertainties in the Strait of Hormuz and concerns over a potentially more hawkish Fed as US economic data remain strong.

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