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» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
» Recap: Hopes that British and Japanese policymakers would ramp up economic stimulus bolstered risk appetites in global stock markets. China's better-than-expected second-quarter GDP also buoyed sentiment. The Thai market tracked the global trend.
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