Fed policy and Evergrande debt weigh on sentiment - News Summed Up

Fed policy and Evergrande debt weigh on sentiment


Fed policy and Evergrande debt weigh on sentimentRecap: European and emerging markets were mixed on Friday as global investors and traders weighed the prospect of reduced US Federal Reserve stimulus and risks from a likely default by the debt-ridden Chinese property developer Evergrande. Institutional investors were net buyers of 2.95 billion baht, foreign investors bought 682.19 million and brokers purchased 545.27 million baht worth of shares. Retail investors were net sellers of 4.18 billion baht in shares. Apple CEO Tim Cook strode through a slickly produced video on Tuesday to launch new iPhones and other products, with few hints of the troubles facing the company including policy reversals, a spyware attack and legal fights. SCB Securities recommends selective buying of healthcare stocks including BDMS, BCH, CHG and RJH.


Source: Bangkok Post September 18, 2021 00:33 UTC



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