Thai stocks posted their first weekly decline in six weeks as investment sentiment weakened following the release of reduced global economic growth forecasts.
The Stock Exchange of Thailand Index managed a gain of just 2.08 points from the day before to close at 1,296.98, a decline of 0.9% from the previous Friday's close of 1,311.35. Turnover was 34.58 billion baht, with 7.36 billion shares traded.
Foreign investors were net sellers on Friday of 455.8 million baht worth of Thai shares and local brokers sold 906.76 million. Local institutions were net buyers of 845.89 million baht and individual investors bought 516.72 million.
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