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18 Oct 2019

Financial Markets

The Baht rose to test the THB30.25/USD level, while the SET fluctuated on external factors.


          The SET index closed at 1,631.43 points, up 0.33% over-week. The average daily trading value was THB56,463.19 million, up 22.02% over-week. The mai closed at 336.74 points, up 0.06% over-week.

           ​​The SET index moved within a tight range before surging around midweek amid optimism towards a BREXIT deal, as news reported that an agreement was still possible. However, the SET pared gains later, as investors were waiting for clarification of a US-China trade deal as well as whether the BREXIT deal will pass the UK and EU parliaments. Moreover, the weaker-than-expected China's Q3-19 GDP report also weighed down on the market at the end of week.  

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Financial Markets