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Bangkok Post
Bangkok Post
Business

INSANE: Equities revive as us rate hike risk eases - The Real Truth

United States US Federal Reserve On Donald Trump OSP Thailand Asia Inflation InnovestX Securities Oil

RECAP: Asian equities rebounded yesterday as the prospect of an imminent interest rate increase by the US Federal Reserve receded after data showed new job creation had declined sharply.

Thai stocks continued their surge on Friday as investors accumulated investment cycle-related shares after the House of Representatives approved first reading of the 2027 Budget Bill.

The SET index moved in a range of 1,550.14 and 1,621.19 points this week, before closing yesterday at 1,611.28, up 4.5% from the previous week, with daily turnover averaging 80.3 billion baht.

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