34.8 C
Bangkok
Friday, May 3, 2024

Stocks recover after slipping on tough talk from Fed

An investor monitors share prices on a mobile phone. (Photo: Pornprom Satrabhaya)

RECAP: Most stock markets rose on Friday, reversing early losses and a sell-off on Wall Street, as traders contemplate further interest-rate increases by central banks struggling to tame inflation.

Thai shares moved in a range of 1,503.23 and 1,539.40 points before closing yesterday at 1,522.59, a decrease of 1.3% from a week earlier, in daily turnover averaging 52.06 billion baht.

Retail investors were the top net buyers at 6.63 billion baht, followed by brokers at 885.13 million. Foreign investors were net sellers at 5.3 billion baht,…

Read more…

Latest Articles