MARKET MONITOR
While bulls run, Small players could be trampled
- Published: 28 Jan 2013 at 00.00
- Newspaper section: Business
Recap: The Stock Exchange of Thailand continued its bull run with daily trading value well above 50 billion baht. Heavy action in mid- and small-cap stocks outside the SET100 signalled more speculation. Both regulators and analysts warn investors, especially retail traders and newcomers, to play with caution.
The SET Index swung sideways in a wide range of 1,419.53 and 1,463.20 points and closed at 1,461.41 points, up 1.9% from the previous week, in heavy daily average trade worth 53.32 billion baht.
Foreign investors remained net buyers of 4.96 billion baht and local institutions bought 2.97 billion. Brokers were net sellers for a second week of 994.98 million baht, and retail investors sold 4.94 billion baht.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
