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3 May 2019

Financial Markets

The Baht weakened slightly, while the SET rose almost throughout the week.

           The SET index rose over-week, ending at 1,679.05 points, up 0.71% over-week. The average daily trading value was THB42,883.11 million, being 0.15% lower. The mai closed at 366.04 points, increasing 0.14% over-week.

             The SET index moved within a tight range early in the week before surging around midweek, supported by the launch of mid-year economic stimulus package by Thai government, as well as foreign factors, i.e. optimism toward the US-China trade negotiation progress. However, the SET index fell slightly at the end of the week, facing some pressure in energy shares as global oil prices dropped.  


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