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5 Nov 2021

Financial Markets

The Baht and SET index fluctuated throughout the week


The SET fluctuated downwardly early to midweek in line with other regional stock markets amid sell-off of stocks in various sectors especially the energy sector ahead of the FOMC meeting. However, the SET surged later on after the Fed announced its decision to gradually reduce bond purchases as expected with no rush on rate hikes, before paring some gains at the end of the week. In addition, banking shares rose substantially during this week on news regarding the penetration of digital assets and financial services abroad.​

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Financial Markets