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China worries send Asian shares lower again
PUBLISHED : 19 Aug 2023 at 05:00
RECAP: Shares in Asia continued to decline yesterday against the backdrop of worries about the Chinese economy and property sector and higher global interest rates.
The SET Index moved in a range of 1,506.00 and 1,535.97 points this week before closing yesterday at 1,519.12, down 1% from the previous week, in daily turnover averaging 55.29 billion baht.
Retail investors were net buyers of 4.25 billion baht followed by brokers at 879.85 million. Foreign investors were net sellers of 3.92 billion baht followed by institutions at 1.21 billion.
NEWSMAKERS: Fitch Ratings says it may consider rethinking China’s A+ sovereign credit rating as its debt-to-GDP ratio has increased. It will also review the…
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