Recap: Tensions over Syria weighed on global sentiment ahead of a US Congressional debate today over President Barrack Obama's proposed military strike. In the Thai market, political tension triggered by rubber farmers' protests capped the upside of a rebound that followed two weeks of declines.
The SET Index traded in the range of 1,294.30 and 1,334.15 and closed last week at 1,336.25, up 3.24% from a week earlier, with modest average turnover of 34.48 billion baht a day. Local institutions were net buyers of 2.98 billion baht. Retail investors were net sellers of 2.61 billion, followed by brokers at 374.92 million and foreign investors at 3.54 million baht.
Big movers: Communication and System Solution (CSS) disappointed investors on its SET debut, closing 29.3% below the 3-baht IPO price on Tuesday. It closed Friday at 2.68 baht. Sea Oil (SEAOIL) rose 13% above its 3.45-baht IPO price on the MAI on Tuesday and finished the week at 5.05 baht, up 46.4%.
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