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25 Feb 2021

Financial Markets

The Baht weakened while the SET fluctuated throughout the week


Thai stock market fluctuated throughout the week. The SET dropped early in the week in line with the sell-offs in other stock markets after the surge of US treasury yields. Later, the SET rose shortly ahead of the speech of Fed Chairman before dropping again around midweek on sell-offs of institutional and foreign investors. However, the SET rebounded somewhat at the end of the week, supported by Fed Chairman’s reaffirmation to keep interest rates low, but the gains was capped  as MSCI cut the weight of Thailand on February 25.


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Financial Markets