RECAP: Asian shares rose to a four-month high yesterday as US economic data lifted expectations that the Federal Reserve is near the end of its rate-hike cycle. Expectations of more stimulus from China also buoyed investor sentiment.
The SET index gained slightly from positive sentiment in US markets, especially for electronics stocks. Thai shares moved in a range of 1,546.48 and 1,569.34 points this week before closing yesterday at 1,559.39, up 0.27% from a week earlier, with daily turnover averaging 48.93 billion baht.
Institutional investors were the top net buyers at 1.44 billion baht, followed by retail investors at 193.78 million baht and brokers at 84.95 million. Foreign investors were net sellers of 1.72 billion baht.
NEWSMAKERS: The Federal Reserve kept interest rates unchanged on Wednesday but signalled that borrowing costs will likely rise by another…
