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 least 50% of the
population in all provinces.
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