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Saturday, May 4, 2024

Most Asian markets rise ahead of US job figures

RECAP: Hong Kong led the charge as most Asian markets posted gains yesterday, shrugging off Wall Street losses ahead of US employment data due later in the day.

The Thai stock market underperformed regional peers, losing 1% yesterday amid continuing concerns about the weak baht and heavy government spending. For the week, the SET Index moved in a range of 1,429.99 and 1,478.01 points, before closing yesterday at 1,438.45, down 2.2% from the previous week, with daily turnover averaging 45.46 billion baht.

Retail investors were the net buyers of 5.82 billion baht,…

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