Recap: Global stocks regained some ground on Friday after a turbulent week triggered by concerns over surging inflation, aggressive rate hikes and slowing economies.
The SET index moved in a range of 1,578.11 and 1,624.26 points this week before closing yesterday at 1,584.38, down 2.77% from the previous week, in daily turnover averaging 80.93 billion baht.
Institutional investors were net buyers of 4.49 billion baht and brokerage firms bought 4.11 billion baht. Retail investors were net sellers of 5.72 billion baht and foreign investors offloaded 2.89 billion baht worth of shares.
Newsmakers: More than $300 billion has been wiped out by a crash in cryptocurrency prices since Monday, with Bitcoin falling to a 16-month low near $25,000 amid a stampede out of so-called stablecoins. Investors grew alarmed after TerraUSD came unmoored from its dollar peg and lost…
