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16 Nov 2018

Financial Markets

“The Baht rose slightly, while the SET index remained in the downward trend.”

         The SET index remained in the downward trend, ending at 1,635.00 points, down 2.01% over-week. The average daily trading value was THB40,351.65 million, that being 4.76% lower. The mai closed at 407.95 points, decreasing 2.60% over-week.

          The SET index faced sell-offs throughout the week due to many factors, including continued declines in oil prices, the latest BOT's MPC meeting outcome, which was interpreted by the market as a signal of acceleration in rate hikes, as well as lower-than-expected Q3-18 earning results of some listed companies. Meanwhile, foreign investors remained in net selling positions.


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Financial Markets