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Saturday, May 4, 2024

Bangkok Post – Equities muted as timing of US rate cuts unclear

RECAP: Asian shares were mixed yesterday and the dollar was near a three-week high as traders dialled back bets of early US interest-rate cuts, after Federal Reserve meeting minutes provided few clues.

Thai shares moved in a range of 1,413.57 and 1,438.10 points during the week, before closing yesterday at 1,427.96, an increase of 0.86% from the previous week, with daily turnover averaging 48.27 billion baht.

Foreign investors were net buyers of 1.01 billion baht. Institutional investors were net sellers of 766.38 million, followed by retail investors at 125.10…

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