Display mode (Doesn't show in master page preview)

7 May 2021

Financial Markets

The Baht traded in a narrow range while the SET rebounded at the end of the week


The SET dropped sharply around midweek on sell-offs of foreign investors amid concerns about the COVID-19 situation at home and the direction of US interest rates, as US Treasury Secretary said interests may have to rise. However, the SET rebounded during the rest of the week, supported by additional domestic stimulus measures and the Stock Exchange of Thailand’s announcement on the delay in introducing its new calculation method for the SET index (full market capitalization is still adopted), which stimulated the purchase of some large-cap stocks, especially technology sector.

Financial Markets