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28 Sep 2021

Financial Markets

The Baht hit a 4-year low before rebounding while the SET rose on purchases of bank shares


The SET dropped sharply early in the week in line with other regional stock markets amid concerns towards the debt default crisis of a Chinese property giant. However, the SET rose during the rest of the week on purchases of bank shares, supported by expected benefits from adjustments to the criteria for inclusion of stocks in the SET50 and SET100, plus news on a major bank’s business restructuring. In addition, the SET was boosted by foreign investors’ net buy positions at the end of the week.

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Financial Markets