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17 May 2019

Financial Markets

The Baht weakened, while the SET hit a 4-month low amid concerns over US-China trade tensions.

         The SET index remained in the downward trend, ending at 1,608.11 points, down 2.46% over-week. The average daily trading value was THB50,441.42 million, and closed near last week's level. The mai closed at 339.33 points, decreasing 5.06% over-week.

            The SET index fell throughout the week amid concerns towards the US-China trade dispute, as China announced to impose tariffs on US goods and US blacklisted China's giant technology company. The SET index also faced foreign investor sell-offs. Meanwhile,  investors paid close attention to US-China trade dispute and domestic political situation.


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