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13 Sep 2019

Financial Markets

The Baht hit a 6-year high, while the SET dropped over-week.

         The SET index dropped over-week, ending at 1,661.96 points, down 0.49% over-week. The average daily trading value was THB59,854.78 million, up 4.68% over-week. The mai closed at 354.40 points, up 0.08% over-week.

          The SET index fluctuated on external factors, but faced sell-offs of foreign investors during the week ahead of the European Central Bank (ECB) meeting. However, the SET pared some losses at the end of the week, supported by optimism towards the US-China trade talks, as both countries made some concessions, plus the result of ECB meeting was not differ much from the market forecast.


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