THAILAND : The Stock Exchange of Thailand (SET) is expected to slop upward from next week on continued buying by foreign investors after Thursday’s recorded a higher level in more than a year, according to Kasikorn Research Centre and Kasikorn Securities.
The SET index closed at 1,518.01 points, up 10.09 points from Wednesday, on turnover of about Bt45.3 billion as investors bought following signs that the US Federal Reserve would maintain its policy interest rate longer than earlier anticipated.
Daily turnover this week round up at about 38.9 billion baht, a decline of 7.04 per cent from last week.
The market closed on Friday for Asalha Puja, a Buddhist religious public holiday.
On Thursday, the baht closed at 32.17 against the dollar, slipping from 32.12 which was at its strongest level in the past three months
Thai baht, against the US dollar in the past three months as it neared Bt32.10.
No comments:
Post a Comment