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30 Apr 2021

Financial Markets

The Baht strengthened while the SET faced sell-offs at the end of the week


The SET moved within a tight range before surging during the rest of the week after the number of new COVID-19 cases at home rose at a slower pace. Like regional stock markets, the Thai bourse was also supported by the Fed’s pledge to maintain accommodative monetary policy. Meanwhile, the SET was also boosted by construction materials and energy stocks. However, the SET pared gains somewhat at the end of the week as investors adjusted their risk positions before holidays while waiting to assess the COVID-19 situation.   

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Financial Markets