Recap: The possibility of a US-led military strike against the Syrian government jolted global stock markets last week as investors fled to safe-haven assets including gold and the US dollar. Concerns over the winding down of US Federal Reserve stimulus in the months ahead and the Thai economic slowdown also battered local stocks.
The SET index traded in a range of 1,260.08 and 1,354.39 points before closing on Friday at 1,294.30, down 3.3% from the previous week, with average daily turnover of 38.1 billion baht. Foreign investors pulled 5.19 billion baht net out of the market, local institutions were net sellers of 3.4 billion baht and brokers sold 319.26 million. Retail investors were net buyers of 8.92 billion baht.
Big movers: Top stocks by turnover were TRUE, down 21.1% to 6.50 baht; INTUCH, down 3.15% to 76 baht; and JAS, down 3.3% to 7.25 baht. WAT was the week's top gainer, up 14.3% to 0.07 baht, and NIPPON was the top loser, down 24.4% to 1.28 baht.
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