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4 Oct 2019

Financial Markets

The Baht rose as US dollar was pressured by soft US economic data, while the SET dropped on sell-offs of institutional and foreign investors.

​        The SET index closed at 1,605.96 points, down 2.30% over-week. The average daily trading value was THB40,481.99 million, down 14.68% over-week. The mai closed at 337.32 points, down 2.40% over-week.

        ​The SET index dropped throughout the week on sell-offs of institutional and foreign investors. There were many negative factors that affected Thai stock market last week, including concerns over weak 3Q listed corporate earnings, unresolved trade dispute between US and China, fears of a global economic slowdown triggered by downbeat economic data from the US and EU, as well as a new round of US-EU dispute as US prepares to impose tariffs on imports from the EU.   



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