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3 Sep 2021

Financial Markets

The Baht weakened later in the week while the SET stood firmly over 1,600 points

​​The SET rose amid positive factors, including the government’s partial easing of lockdown measures starting on September 1, the Fed’s signals of no rush in hiking interest rates, a more stable COVID-19 situation at home and purchases of foreign investors. Overall, the SET rose along with technology stocks and energy stocks, which benefited from global oil prices, boosted by Hurricane Ida and an upward revision to 2022 oil demand forecast by OPEC+alliance.

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Financial Markets