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28 Mar 2022

Financial Markets

The Baht weakened while the SET dropped over-week


The Thai stock market moved within a narrow range throughout the week amid the protracted COVID-19 situation and Russia-Ukraine crisis despite being supported by foreign investor purchases and stronger-than-expected Thai export data for February during the week. In this week, technology stocks gained the most as supported by the news regarding the progress on the merger of telecom companies, while banking stocks faced considerable pressure after S&P downgraded its ratings on several Thai banks.     
On Friday, Mar 25, 2022, the SET closed at 1,676.80 points, down 0.10% over-week. The average daily trading value was THB70,884.81 million, down 15.97% over-week. The mai closed at 628.97 points, up 1.22% over-week.

Financial Markets