RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
Adding to the uncertainty was the battle to raise the US debt ceiling to avert a potentially destabilising default.
Locally, investors sold Thai shares for profit-taking ahead of tomorrow’s election.
The SET Index moved in a range of 1,537.46 and 1,576.59 points this week before closing on Friday at 1,561.35, up 1.84% from a week earlier when the market was open for only two trading days, with daily turnover averaging 54.83 billion baht.
Institutions were net buyers of 13.02 billion baht, while retail investors were net sellers of 9.61 billion, followed by foreigners at 2.42 billion and brokers at 1 billion baht.
NEWSMAKERS: Political brinkmanship over raising…
