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7 Jun 2019

Financial Markets

The Baht hit an over 3-month high, while the SET rose on domestic and foreign factors.


​          The SET index rose to its one-month high at 1,658.93 points before closing at 1,653.50 points, up 2.05% over-week. The average daily trading value was THB51,503.57 million, down 37.99% over-week. The mai closed at 346.84 points, up 2.07% over-week.

           The SET index rose throughout the week, as domestic political issue became much clearer amid an expectation that the Fed would cut their policy rates to boost the US economy. Meanwhile, foreign investors remained in net buying positions for three consecutive weeks. However, investors still paid attention to the trade tensions between US and its trading partners, including the talks on trade and migration with Mexico.


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