Foreign selling continued in February: SET
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Foreign investors sold Thai shares Bt34.88 billion net in the first two months of this year, though the market gained 2.05 per cent from the end of 2013, according to the Stock Exchange of Thailand's data.
The composite index ended the month at 1,325.33 points. It gained above the MSCI Emerging Market Index and MSCI World Index.
In February alone, foreign net sale reached Bt21.34 billion. Daily turnover, at Bt27.896 billion, was down 55.04 per cent from the same period a year earlier and 12.18 per cent lower from January.
The exchange noted that the selling pressure eased in the month.
At the end of February, the SET's market capitalisation reached Bt11.75 trillion, up by 3.92 per cent from the previous month.
