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14 May 2021

Financial Markets

The Baht weakened while the SET dropped sharply on internal and external negative factors


The SET dropped throughout the week on sell-offs of foreign investors and domestic institutional investors. The SET was also pressured by negative factors, such as the worsening COVID-19 situation at home, MSCI rebalance that weighed down Thai stocks and the surge in US Consumer Price Index (CPI) that led stock markets around the world to fall as it may prompt the Fed to tighten monetary policy. The said negative factors also spurred sales in all sectors except technology.    


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Financial Markets