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Investors look beyond Covid and US chaos, SET jumps
Recap: Japan’s Nikkei hit a three-decade peak, while global stocks rallied this week. Wall Street hit record highs on Thursday as investors looked beyond rising coronavirus cases and political unrest in Washington to focus on hopes for economic recovery.
The SET index moved in a range of 1,425.48 and 1,538.61 points this week before closing yesterday at 1,536.44 points, a jump of 6% from the previous week, in massive daily turnover averaging 110.37 billion baht.
Institutional investors were net buyers of 9.77 billion baht, brokers bought 3.87 billion baht and foreign investors bought 869.76 million baht worth of shares. Retail investors was the only net sellers, at 14.51 billion baht.
Newsmakers: Donald Trump pledged an “orderly” transition of power to Joe Biden on Jan 20, but continued to insist the US presidential election was stolen from him. The statement on…
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