Recap: Global shares plummeted as a bond selloff reflected growing fears that a strong global economic recovery will fan inflation and force interest rates higher. Asian shares led by Tokyo, Hong Kong, Mumbai, Taipei, Sydney and Shanghai all retreated.
Thailand’s market was spared from any immediate fallout as it was closed for a holiday. The SET index moved in a range of 1,476.5 and 1,511.30 points on the week and finished on Thursday at 1,496.78, a decrease of 0.2% from the previous week, in daily turnover averaging 95.83 billion baht.
Retail investors were the only net buyers this week, at 15.09 billion baht. Foreign investors were net sellers of 10.28 billion, institutional investors sold 2.97 billion and brokerage firms offloaded 1.85 billion baht worth of shares.
Newsmakers: Benchmark 10-year Treasury yields on Thursday topped 1.6% and traders are revising…
