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10 Sep 2021

Financial Markets

The Baht pared losses later in the week while the SET dropped but remained over 1,600 points


Overall, the SET fluctuated downwardly throughout the week due to profit taking by investors after having rallied for several consecutive weeks on many positive factors. However, the SET rose briefly around midweek on purchases of foreign investors and rebounded again at the end of the week in line with other regional stock markets, supported by news report of a phone call between US President Joe Biden and Chinese President Xi Jinping. In addition, the SET was also supported by a buyback in some sectors that may benefit from the speed up of a vaccination plan to cover at le​ast 50% of the population in all provinces.  

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Financial Markets