RECAP: Most Asia-Pacific equity markets rose on Friday to their highest level since mid-February, taking cues from an overnight Wall Street rally as bets firmed that the US Federal Reserve would not raise interest rates next week.
Thai stocks improved as foreign investors returned to net buying for three consecutive days as inflation fell to a 21-month low. The SET Index moved in a range of 1,522.30 and 1,559.50 points this week before closing on Friday at 1,555.11, up 1.56% from the previous week, with daily turnover averaging 47.89 billion baht.
Foreign investors were net buyers of 2.35 billion baht, followed by institutions at 2.02 billion. Retail investors were net sellers of 3.97 billion baht, followed by brokers at 400.05 million.
NEWSMAKERS: Global economic growth will pick up only moderately by 2.9% next year as the full effects of central bank…
