Europe sets tone in choppy week | Bangkok Post: business

MARKET MONITOR

Recap: The Stock Exchange of Thailand was volatile again last week as regional stock markets slumped amid fears over the debt crisis in Greece and related developments in Europe. The SET declined for most of the week, made a modest gain on Thursday and edged down again on Friday.

The SET index moved between 1,011.58 and 1,051.21 points and closed at 1,033.34 points, down 2.73.% from a week earlier, on moderate daily turnover. Foreign investors were net sellers of 9.36 billion baht as they continued to pare risk assets globally. Brokers were net buyers of 744.09 million baht. Local institutions were net sellers of 3.612 billion and retail investors were big net buyers of 12.23 billion baht.

Big movers: Large-cap stocks in banking and energy, as usual, were the first targets when foreign investors move the market. BBL, the most active in value, closed last week at 153.50 baht, down 1.6% from the previous week. PTT declined 3.4% to 310 baht.