Global Covid surge, Thai protests add to risk

Recap: Global stocks remain shaky, subdued by fears that a rapid rise in new Covid-19 infections may prompt governments to tighten social restrictions. The US presidential election campaign and troubled Brexit talks add to looming uncertainties.

On the domestic front, escalating anti-government protests in Thailand could push one of this year’s worst-performing stock markets even lower.

The SET index moved in a range of 1,226.95 and 1,277.64 points this week before closing yesterday at 1,233.68, down 2.6% from the previous week, in daily turnover averaging 49.29 billion baht over four trading days.

Retail investors were net buyers of 8.3 billion baht and brokerage firms bought 515.4 million. Institutional investors were net sellers of 4.7 billion baht and foreign investors sold 4.1 billion worth of shares.

Newsmakers: US President Donald Trump declared himself…