Global optimism and fed view help set | Bangkok Post: business

MARKET MONITOR

Recap:The Stock Exchange of Thailand went up in the middle of last week after the Federal Open Market Committee sent a signal of easing monetary policy. Global investors expected it has high possibility to have the third QE money-injection scheme. Therefore, money are moving to all risky assets and Asia's emerging markets. Foreign investors were a net buyer for three consecutive days.

The SET Index moved in a range of 1,063.08 and 1,078.01 points and closed last week at 1,076.29 points, up 1.67% from 1,058.66 points the week before.

As a result, foreign investors were net buyers for three consecutive days and made net buys for the week of 5.27 billion baht. Local institutions were net buyers of 1.31 billion baht and brokers 206.7 million, while local retail retail investors were net sellers of 4.38 billion baht.