Global investors ride shutdown rollercoaster | Bangkok Post: business

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Global investors ride shutdown rollercoaster

  • Published: | Viewed: 750 | Comments: 0
  • Newspaper section: Business
  • Writer: Nuntawun Polkuamdee & Darana Chudasri
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Recap: Global stock markets endured wild swings last week. Most plunged on worries about the US government shutdown over the budget impasse, and a potential debt default if lawmakers fail to raise the debt ceiling by Oct 17, before bouncing back on anticipation that the Federal Reserve will not start reducing its stimulus this year. 

The SET Index traded in the range of 1,381.26 and 1,432.45 points before closing at 1,427.72 points, up 0.7% on the week, with moderate turnover of 33.85 billion baht a day. Foreign investors remained net sellers of 4.69 billion baht. Brokers were net buyers of 1.12 billion, local institutions bought 2.58 billion and retail investors 986.42 million baht.

Big movers: Winner Group Enterprise (WINNER) debuted on the MAI and closed on Friday at 3.50 baht, 75% above the IPO price at 2 baht.

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