The SET surged earlier in the week, supported by the
government’s stimulus measures to help those affected by COVID-19 and purchases
of banking and financial stocks before 2Q21 bank earnings results. The SET then
moved within a tight range during the rest of the week despite being supported by
the Fed’s signal to maintain its accommodative monetary measure. Overall, the
prolonged and intensifying COVID-19 situation at home still dragged the Thai
stock market.
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