Sighs of relief are only temporary | Bangkok Post: business

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Sighs of relief are only temporary

  • Published: | Viewed: 794 | Comments: 1
  • Newspaper section: Business
  • Writer: Nuntawun Polkuamdee & Darana Chudasri
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Recap: The temporary extension of the US debt ceiling bolstered Asian stock markets last week. In Thailand, speculative buying on banks' third-quarter earnings and good results from some banks also helped stoke demand. 

The SET Index traded in the range of 1,443.20 and 1,485.21 points and closed at 1,484.72, up 1.85% on turnover of 41.9 billion baht a day. Foreign investors was net buyers of 3.06 billion baht and local institutions 1.63 billion. Brokers were net sellers of 724 million and retail investors sold 1.46 billion baht more than they bought.

Big movers: TMB and Bangkok Land (BLAND) led in volume and were first and fifth respectively in trading value. TMB finished unchanged at 2.80 baht. BLAND was up 2.3% to 1.76 baht. Other high-turnover stocks were TRUE, rising 6.5% to 9.85 baht; KTB, gaining 2.9% to 21.20 baht; and PTT, falling 0.9% to 320 baht.

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