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12 Jul 2019

Financial Markets

The Baht weakened after BOT implemented measure to monitor short-term fund inflows, while the SET closed near last week’s level

​​          The SET index closed near last week's level, ending at 1,731.59 points, up only 0.02% over-week. The average daily trading value was THB67,223.83 million, down 4.21% over-week. The mai closed at 374.51 points, up 2.75% over-week.

           ​The SET index fell early in the week on sell-offs of institutional investors and proprietary traders amid concerns towards Thailand's economic outlook, before surging around midweek supported by the endorsement of new government plus Fed's rate-cut optimism. However, the SET index fell again at the end of the week in line with other Asian markets, while investors became more cautious after BOT released a measure to monitor short-term fund flows.


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