Thai stocks edged up 0.4% on Friday to record their first weekly gain in six weeks, as investors continued their bargain-hunting after the recent slump.
The Stock Exchange of Thailand Index rose 5.45 points to close at 1,451.90, an increase of 3.6% from the previous Friday's close of 1,400.50. Turnover was 58.86 billion baht, with 9.1 billion shares traded. The main index is up 4.3% from the end of 2012.
Despite being net sellers on Friday of 3 billion baht, Thai institutional investors have been picking up stocks at a record pace as an exodus of foreign money sends valuations to a nine-month low.
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