Biden tax plan keeps lid on equity enthusiasm
published :
24 Apr 2021 at 04:00
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Recap: Global shares steadied yesterday around 1% below record highs reached earlier in the week week after US President Joe Biden announced a plan to raise taxes on the wealthy. European shares were mixed as a surge in global coronavirus cases offset optimism about a strong earnings season.
The SET index moved in a range of 1,550.62 and 1,587.95 points this week before closing yesterday at 1,553.59, up 0.3% from the previous week, in daily turnover averaging 90.02 billion baht.
Retail investors were net buyers of 10.17 billion baht and brokerage firms bought 838.09 million baht. Foreign investors were net sellers of 8.71 billion baht and institutional investors sold 2.29 billion baht worth of shares.