MARKET MONITOR
Foreign Sell-Off continues but index charges forward
- Published: 18 Feb 2013 at 00.00
- Newspaper section: Business
Recap: Economic figures that were weaker than expected in Europe and Japan dominated sentiment last week ahead of the G20 finance ministers' meeting on the weekend. The SET still moved up, driven by large-cap shares and domestic investors' speculative trading.
The SET Index traded in the range of 1,486.20 and 1,527.48 points and closed at 1,521.52, up 1.6% from the previous week, with daily average turnover of 57.92 billion baht.
Foreign investors remained major net sellers of 3.94 billion baht, retail investors sold 284.48 million, and brokers sold 750.08 million baht. Local institutions were the only net buyers at 4.98 billion baht. Foreign investors' net-buy position for the year has fallen to 1.9 billion baht from 16 billion three weeks ago.
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