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7 Feb 2020

Financial Markets

The Baht weakened, while the SET rose over 1,500 points again.

  • The SET index closed at 1,535.24 points, up 1.39% over-week. The average daily trading value was THB61,841.92 million, down 0.44% over-week. The mai closed at 303.95 points, up 1.46% over-week.
  • ​​The SET index dropped sharply early in the week amid growing concerns about the coronavirus outbreak before surging later as China pledged to boost its economy to reduce economic impact of the coronavirus outbreak. The SET was also supported by a fresh economic stimulus package approved by the Cabinet and the MPC's policy rate cut. However, the SET pared gains somewhat at the end of the week on sell-offs of telecommunication shares, and lingering concerns about the coronavirus outbreak. 

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Financial Markets