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26 Oct 2018

Financial Markets

“The Baht broke the THB33.00/USD level, while the SET rebounded after falling below 1,600 points.”

        The SET index rebounded after falling below 1,600 points, ending at 1,628.96 points, down 2.34% over-week. The average daily trading value was THB55,770.91 million, that being 11.57% higher. The mai closed at 413.69 points, decreasing 3.07% over-week.

         The SET index faced foreign investor sell-offs throughout the week, amid concerns toward global economic slowdown as a result of trade war, declining global oil prices and the lower-than-expected Thailand's export growth. However, the SET index rebounded and reduced the early negative range at the end of the week, supported by the investment of LTF/RMF and strong 3Q-2018 performance of listed energy companies.


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