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22 Feb 2019

Financial Markets

The Baht reversed gains, while the SET index rose due to external factors


​            The SET index rose over-week, ending at 1,659.20 points, up 1.36% over-week. The average daily trading value was THB47,010.71 million, that being 8.87% higher. The mai closed at 384.27 points, increasing 0.27% over-week.

             The SET index moved within a tight range early in the week amid light trading volume. However, the index then soared up continuously from mid-week to the end of the week, supported by the prospects for the US-China trade talks as U.S. and Chinese negotiators are working on six memorandums of understanding for the trade deal. Meanwhile, the said factor also helped reducing the negative impact of lower-than-expected Thailand's January export at the end of the week.    

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