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10 Apr 2020

Financial Markets

The Baht strengthened while the SET rose on economic stimulus package

  • The SET continued to rise over-week, ending at 1,228.03 points, up 7.83% over-week. The average daily trading value was THB82,307.31 million, up 39.85% over-week. The mai closed at 236.46 points, up 7.37% over-week.
  • The SET rose sharply early in the week on hopes that the COVID-19 pandemic in many countries may be approaching its peak, and supported by Thailand's third stimulus package worth 1.9 trillion baht. The SET later fell slightly around midweek due to concerns over the economic impact of the COVID-19 pandemic before rising again at the end of the week, as the Fed announced an injection of 2.3 trillion dollars into the economy.​




Financial Markets