RECAP: Most Asian equity markets edged lower yesterday as the dollar gained after US inflation showed only a moderate increase, fanning hopes that the Federal Reserve is done with interest-rate increases.
Thai shares moved in a range of 1,514.38 and 1,540.22 points this week before closing yesterday at 1,535.16, up 0.31% from the previous week, with daily turnover averaging 55.34 billion baht.
Institutional investors were net buyers of 425.25 million baht, followed by brokers at 369.39 million, and foreign investors at 233.49 million. Retail investors were net sellers of 1.03 billion baht.
NEWSMAKERS: The US Consumer Price Index in July rose 3.2% from a year earlier, lower than the 3.3% expected. The market now expects the Fed to stop tightening monetary policy, with JP Morgan saying the US economy should avoid recession this year but could slow…
