RECAP: Equity markets in Asia were mixed yesterday as the escalating conflict in the Red Sea region sent oil prices surging, while slightly higher-than-expected US inflation data did not dent investors’ views on early and aggressive rate cuts in the US and Europe.
Thai shares moved in a range of 1,407.26 and 1,428.44 points this week, before closing yesterday at 1,413.53, down 1% from the previous week, with daily turnover averaging 40.84 billion baht.
Retail investors were net buyers of 4.53 billion baht, followed by brokerage firms at 1.04 billion. Foreign investors were the net sellers of 4.17 billion baht, followed by institutional investors at 1.4 billion.
NEWSMAKERS: Oil prices jumped as the US and allies launched airstrikes against Houthi rebels in Yemen, stepping up retaliation for attacks on ships in the Red Sea. Brent crude rose 2.5% to…
