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Monday, May 6, 2024

Bangkok Post – Tech-led rally lifting equities worldwide

RECAP: Most Asian equity markets gained for a second day yesterday, as a global rally led by technology stocks pushed markets from the US to Europe and Japan to all-time highs.

Thai shares moved in a range of 1,376.65 and 1,405.13 points this week, before closing yesterday at 1,398.14, up 0.9% from the previous week, with daily turnover averaging 47.76 billion baht.

Foreign investors were net buyers of 10.89 billion baht. Retail investors were net sellers of 7.33 billion, followed by institutional investors at 2.91 billion and brokerage firms at 650.22 million baht.

NEWSMAKERS: The $277-billion one-day rise in the market capitalisation of the chipmaker Nvidia was the biggest single-session increase…

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