MARKET MONITOR
Set inches forward despite political jitters
- Published: 26 Nov 2012 at 00.00
- Newspaper section: Business
Recap: The Thai stock market was volatile, hitting a low at midweek before rebounding after the US and China reported promising economic figures, with the latter reporting that manufacturing expanded for the first time in 13 months.
The SET moved in a range of 1,268.30 and 1,291.29 points and closed at 1,281.70, up 0.1% from the previous week, in daily average trade worth 25.58 billion baht. Foreign investors were net buyers of 11.85 billion baht. Local institutions bought 2.51 billion and brokers 188.22 million, while local retail investors were net sellers of 14.55 billion baht.
Big movers: Jasmine International (JAS) was tops in value and second in volume, ending down 4% from a week earlier at 4.78 baht. PTT closed down 0.64% at 312 baht. KTB fell 4.4% to 17.30 baht amid investor concern about the health of 50%-owned Krungthai Card (KTC). Advanced Info Service (ADVANC) gained 0.76% to 198.50 baht and Bangkok Land (BLAND), tops in volume, went up 1.65% to 1.23 baht.
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