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13 Nov 2020

Financial Markets

The Baht hit a 10-month high while the SET rose on foreign investor purchases


The SET soared early in the week on foreign investor purchases, supported by Joe Biden’s victory as President-elect and positive news regarding progress on the development of COVID-19 vaccine. However, the SET moved in a tight range around midweek amid concerns towards the resurgence of COVID-19 abroad before surging again at the end of the week, supported by banking shares after the Bank of Thailand (BOT) allowed financial institutions to make dividend payments under the stipulated guidelines.


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Financial Markets