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Set flirts with 1,600 as central banks stay busy
Business, Published on 01/12/2014
» Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.
Foreign buys help set creep up
Business, Published on 24/11/2014
» Recap: World markets were generally upbeat last week but the SET was little changed, moving sideways in a range of 1,567.32 and 1,581.27 points, and closing at 1,579.20, up 0.2% from the previous week, in turnover averaging 46.68 billion baht a day. Foreign investors were net sellers of 492.46 million baht and retail investors sold 1.14 billion. Brokers were net buyers of 691.96 million baht and local institutions bought 951.07 million.