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Foreign net buy hits Bt3.8bn

Foreign investors bought Thai shares for Bt3.8 billion net on Monday, pushing up the SET index in line with the rise in most Asian bourses.



In this month, foreigners were net-buyers of Thai shares, with purchases outpacing sale by Bt14.25 billion. Year to date, they sold Thai shares for net Bt20.79 billion.

Despite murky political condition, the Stock Exchange of Thailand index today edged up by 7.36 points or 0.54 per cent to 1,276.26 points. Yet, the turnover was as thin as Bt22.54 billion

Asian markets mostly rose Monday following a rally on Wall Street as attention turns to the release of key data from Japan and the United States later in the week.

The yen eased slightly against the dollar in early currency deals in response to worse-than-expected Japanese industrial output figures that raise the possibility of further monetary easing by the country’s central bank.

Tokyo jumped 0.90 per cent, or 131.80 points, to 14,827.83, Sydney climbed 0.52 per cent, or 27.9 points, to 5,394.8 and Seoul added 0.23 per cent, or 4.61 points, to 1,985.61.

Hong Kong rose 0.39 per cent, or 85.53 points, to finish at 22,151.06, but Shanghai slipped 0.41 per cent, or 8.41 points, to 2,033.31.

Investors were unmoved by news that North and South Korea had traded live artillery fire across their disputed maritime border Monday, forcing South Korean islanders to take shelter. The exchange came a day after the North drove up tensions by threatening a new nuclear test.


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