Recap: Global shares moved higher on Friday but were still heading for losses compared with a week earlier as investors remain worried over high inflation and an economic slowdown.
The SET index moved in a range of 1,590.96 and 1,626.16 points this week and closed at 1,622.95, for a gain of 2.43% from the previous week, in daily turnover averaging 71.99 billion baht for four operating days.
Foreign investors were net buyers of 9.36 billion baht and institutional investors bought 1.68 billion baht. Retail investors were net sellers of 10.16 billion baht and brokers offloaded 878.66 million baht worth of shares.
Newsmakers: US President Joe Biden arrived in Seoul yesterday to begin a four-day visit to South Korea and Japan, which will feature the official launch a long-awaited Indo-Pacific economic initiative to increase US engagement with Asia.
- UK inflation in…
