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Wednesday, May 15, 2024

Asian equities track Wall Street higher

Investors monitor share prices at Asia Plus Securities on Sathon Road, Bangkok. (File photo)

RECAP: Asian shares tracked Wall Street futures higher on Friday as Amazon.com provided welcome earnings relief, while Treasury yields fell on signs of easing inflation, underscoring expectations that the US central bank is done raising rates.

Thai shares moved in a range of 1,366.19 and 1,414.13 points this week before closing on Friday at 1,388.23, down 0.8% from the previous week, with daily turnover averaging 43.88 billion baht.

Institutional investors were net buyers of 3.09 billion baht, followed by retail investors at…

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