Growing confidence keeps shares rising

Recap: Global shares extended their record highs with the MSCI All Country World Index poised for a fourth weekly advance amid growing confidence. European shares rallied after the European Central Bank raised its inflation forecast and renewed its pledge of aggressive emergency bond-buying. Emerging market shares rallied while Thai stocks continued to climb.

The SET index moved in a range of 1,605.31 and 1,636.92 points this week before closing yesterday at 1,636.56, up 1.55% from the previous week, in daily turnover averaging 163.75 billion baht.

Foreign investors were net buyers of 7.45 billion baht and brokers bought 479.28 million baht. Retail investors were net sellers of 6.1 billion baht while institutional investors sold 1.83 billion baht worth of shares.