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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