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28 Sep 2018

Financial Markets

“The Baht stayed in a tight range, while the SET index closed a bit higher than the last week level”

​          The SET index closed a bit higher than that reported for last week, ending at 1,756.41 points, up 0.02% over-week. The average daily trading value was THB51,154.36 million, that being 30.45% lower. The mai closed at 456.38 points, increasing 1.21% over-week.

            The SET index decreased early in the week amid concerns over the impact of the US-China trade war after a new round of tariffs on each other's goods went into effect on September 24 and China declined to participate in the proposed trade talks with the US. However, the SET index rose during the rest of the week, supported by energy shares due to the rising global oil prices, as well as institutional and foreign investor purchases at the end of the week.   


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Financial Markets