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Bangkok Post
Bangkok Post
Business

DARK SECRETS: Asian shares fall as rate hike bets increase | Vintage Vibes

RECAP: Asian stocks slid yesterday to cap a busy first week of the quarter for financial markets, with the dollar standing tall and bonds tumbling as resilient US jobs data has investors bracing for interest rates to head higher still.

The Stock Exchange of Thailand index slipped below 1,500 points as external risks and domestic political uncertainty affected sentiment.

The index moved in a range of 1,474.94 and 1,520.02 points this week before closing yesterday at 1,490.51, down 0.8% from the previous week, in daily turnover averaging 37.78 billion baht.

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