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11 Feb 2021

Financial Markets

The Baht strengthened while the SET rose above 1,500 points despite the sell-offs before long weekend


The SET soared early in the week in line with other stock markets, supported by the hopes that US stimulus measures would pass the Congress. However, the SET fluctuated within a tight range until midweek before dropping at the end of the week, due to the lack of new stimulating factors, while the abovementioned factors were priced in by the market for a while. In addition, investors adjusted their investment positions before the long weekend while monitoring domestic political issues in the coming week also put pressure on the SET.

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Financial Markets