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19 Oct 2018

Financial Markets

“The Baht rose slightly, while the SET dropped amid foreign investor sell-offs.”


          The SET index dropped over-week, ending at 1,667.91 points, down 1.67% over-week. The average daily trading value was THB49,987.03 million, that being 11.23% lower. The mai closed at 426.79 points, decreasing 2.03% over-week.

            The SET index continued to drop over the past week, amid concerns toward the growing tension between the US and Saudi Arabia. In addition, the signal of Fed's continuing rate increases and US-China trade war issues were the factors affecting global stock markets including Thailand. Moreover, foreign investors made a massive sell-off of Thai stocks over-week.


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Financial Markets