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10 May 2019

Financial Markets

The Baht hit an over 1-month high, while the SET faced institutional and foreign investor sell-offs.

        The SET index dropped over-week, ending at 1,648.69 points, down 1.81% over-week. The average daily trading value was THB50,414.37 million, being 17.56% higher. The mai closed at 357.43 points, decreasing 2.35% over-week.

         The SET index faced institutional and foreign investor sell-offs almost throughout the week amid concern towards the US-China trade talks, despite support from domestic political issues. However, the SET index recovered somewhat at the end of the week, while investors are waiting for the US-China trade negotiation results. 


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