MARKET MONITOR
Global factors continue to rule after cautious week
- Published: 7 May 2012 at 00.00
- Newspaper section: Business
RECAP:Thai stocks rose at the beginning of last week, buoyed by the better-than-expected US and Chinese economic figures. However, the Stock Exchange of Thailand index failed to break the 1,250-point level. This caused it to be volatile and drop by the end of the week due to profit taking before the long weekend.
The SET index traded in a range of 1,226.36 and 1,247.72 points and closed last week at 1,227.41 points, a modest declined by 0.09% from 1,228.49 points the week before.
Foreign investors was the only net buyers of 2.124.82 billion baht. Year-to-date, they were accumulated net buyers of 86.08 billion baht. During the week, institutional investors, brokers and retail investors were net sellers of 1.029 billion, 254.53 million and 840.77 billion baht respectively.
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