Sset steady above 1,500 in mixed week for equities

Recap: US stocks closed out their fourth straight week of gains but European markets were mostly flat, amid concerns ranging from Brexit to the future of Turkey following a failed coup attempt. Japan slid back amid indications that central bank stimulus might not be as aggressive as traders had hoped for.

The Stock Exchange of Thailand broke 1,500 points when it reopened on Wednesday after the long holiday, and moved in a range of 1,499.19 and 1,517.59 before closing on Friday at 1,509.13, an increase of 1.1% from the week before, in heavy turnover averaging 58.4 billion baht a day. Retail investors were net sellers of 7.11 billion baht and brokers bought 2.63 billion. Foreign investors were net buyers of 9.65 billion baht and institutional investors sold 5.16 billion baht.

Big movers: TRUE, which also led in volume, jumped 2.9% to 8.95 baht; AOT rose 2.6% to 393 baht, and PTT gained 4.6% to 342 baht. Top gainer KOOL jumped 24.2% to 3.80 baht, while top loser IEC dipped 33.3% to 0.02 baht.

The content shown above is only a small part of the full content, which we reserve for Bangkok Post digital archive subscription members. Please log in or subscribe to get the full content.

Back to top