The SET soared early in the week in line with
other stock markets, supported by the hopes that US stimulus measures would
pass the Congress. However, the SET fluctuated within a tight range until
midweek before dropping at the end of the week, due to the lack of new stimulating factors, while the abovementioned factors were
priced in by the market for a while. In addition, investors adjusted their
investment positions before the long weekend while monitoring domestic
political issues in the coming week also put pressure on the SET.
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