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15 May 2020

Financial Markets

The Baht extended gains, while the SET rose on the gradual reopening of economies.

  • The SET rose over-week, ending at 1,280.76 points, up 1.16% over-week. The average daily trading value was THB55,150.19 million, up 9.05% over-week. The mai closed at 263.69 points, up 3.87% over-week.
  • The SET rose early in the week on the gradual reopening of economies of Thailand and other countries before dropping during the rest of the week amid fears of the resurgence of COVID-19 in some countries that eased lockdowns. In addition, the SET faced sell-offs in line with other foreign stock markets on renewed concerns over the US and global economic outlook. However, the deliberation of the second phase of easing the country's lockdown, as COVID-19 pandemic in Thailand continued to show signs of easing capped losses at the end of the week.​


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Financial Markets