RECAP: Asian shares rose on Friday as increased hopes of a deal over the US debt ceiling and strong economic data lifted sentiment, while Japan’s Nikkei index jumped to its highest level in nearly 33 years.
Thai shares drifted lower amid concern about the formation of the new government and Move Forward Party policies seen as less friendly to big business.
The SET Index moved in a range of 1,512.66 and 1,570.62 points this week, before closing on Friday at 1,514.89, down 3% from the previous week, in daily turnover averaging 52.88 billion baht.
Retail investors were net buyers of 7.99 billion baht, followed by institutional investors at 1.89 billion….