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Tuesday, May 7, 2024

Bangkok Post – Asian shares advance on China stimulus hopes

An investor monitors share prices at a securities brokerage company in Bangkok. (Photo: Pornprom Satrabhaya)

RECAP: Stocks in Asia recorded a third straight weekly gain before many markets closed for Chinese New Year, after a flurry of stimulus announcements from China as it attempted to stem a severe equity market slump.

Thai shares moved in a range of 1,379.86 and 1,403.80 points this week, before closing on Friday at 1,388.37, up 0.31% from the previous week, with daily turnover averaging 37.13 billion baht.

Retail investors were net buyers of 1.64 billion baht. Brokers were net sellers of 982.83 million, followed…

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