Recap: Global stocks retreated as markets worried about more US interest-rate increases while Asian shares slumped on a concern that China’s Zero-Covid policy may hold back the region’s economic growth.
The SET index moved in a range of 1,617.94 and 1,668.54 points this week before closing yesterday at 1,629.58 points, down 2.27% from the previous week, in daily turnover averaging 72.39 billion baht for three operating days.
Retail investors were net buyers of 3.61 billion baht. Foreign investors were net sellers of 2.54 billion baht, brokerage firms sold 822.91 million baht and institutional investors offloaded 243.62 million baht worth of shares.
Newsmakers: The Federal Reserve made its biggest rate hike since 2000 with a half-percentage-point increase meant to crush soaring US inflation. Though widely expected, the news sent the Dow crashing 3% and the…
