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29 Jan 2021

Financial Markets

The Baht bounced back later in the week while the SET dropped below 1,500 points again


​The SET rose early in the week led by banking and energy shares before dropping during the rest of the week on sell-offs of institutional investors, foreign investors and proprietary traders. The SET dropped in line with other stock markets amid concerns about the US Congress’s approval of President Biden’s stimulus measures and the Fed’s cautious stance on the US economic outlook seen at its latest meeting. The SET continued to decline at the end of the week despite the positive factor from the gradual relaxation of COVID-19 control measures.

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Financial Markets