Display mode (Doesn't show in master page preview)

17 Apr 2020

Financial Markets

The Baht rose while the SET rebounded somewhat at the end of the week

  • The SET fluctuated throughout the week, ending at 1,239.24 points, up 0.91% over-week. The average daily trading value was THB62,786.08 million, down 23.72% over-week. The mai closed at 240.38 points, up 1.66% over-week.
  • ​​The SET rose early in the week as the COVID-19 pandemic in many countries, including that of Thailand showed signs of easing before plunging around midweek on concerns over a possible economic recession, as the IMF slashed its global growth projection to -3.0% (and -6.7% for Thailand). In addition, foreign sell-offs also weighed on the SET. However, the SET pared some losses at the end of the week, supported by news that many countries plan to reopen their economies.   


View full article


Login / Register

Or

Enter the code from the poll


Financial Markets