Foreign net sells hit Bt36bn in May

FRIDAY, MAY 30, 2014
Foreign net sells hit Bt36bn in May

The Stock Exchange of Thailand index extended its gain on Friday, despite continued selling spree by foreign investors which boosted the monthly net-sell to Bt36 billion.

 
 
 
The index gained 7.22 points or 0.51 per cent today, to end the day at 1,415.73 points. Turnover was Bt61.5 billion.
The index advanced though foreign investors sold Thai shares for Bt2.17 billion net today, which pushed their net-sell this month to Bt35.76 billion. 
The Thai market also bucked the trend today, when most Asian markets fell, with Tokyo hit by a stronger yen and data that showed household spending tumbling after a sales tax hike, while investors await the release of key manufacturing data next week.
Tokyo fell 0.34 per cent, or 49.34 points to finish at 14,632.38, while Seoul slipped 0.86 per cent, or 17.30 points to 1,994.96. Sydney also closed down, losing 0.49 per cent, or 27 points, to end at 5,492.5.
Shanghai closed flat, edging down 1.39 points to 2,039.21 but Hong Kong was up 0.31 per cent, or 71.51 points, at 23,081.65.