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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