SET index above 1,400pts despite foreign sell

WEDNESDAY, MAY 28, 2014
SET index above 1,400pts despite foreign sell

The Stock Exchange of Thailand index managed to stay above 1,400 points today, despite continued selling spree by foreign investors.

 
The index gained 10.06 points or 0.72 per cent today, to end the day at 1,402.79 points. Turnover was Bt48.7 billion.
The index advanced though foreign investors sold Thai shares for Bt2.77 billion net on Wednesday. This boosted their net-sell this month to Bt31.59 billion. 
Local funds' net buy today are tuned at Bt2 billion, boosting their net buy this month to Bt16 billion. 
Other Asian markets also advanced today. They resumed their upward trend following another record-breaking close on Wall Street, where strong economic data buoyed sentiment as investors returned from a long weekend.
Tokyo rose 0.24 per cent, or 34.43 points, to finish at 14,670.95, Seoul gained 0.97 per cent, or 19.43 points, to 2,017.06 and Sydney added 0.28 per cent, or 15.5 points, to 5,527.2.
Shanghai climbed 0.77 per cent, or 15.66 points, to 2,050.23 and Hong Kong added 0.59 per cent, or 135.73 points, to 23,080.03.