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31 Aug 2018

Financial Markets

“The Baht weakened later in the week, while the SET index rose over-week”

​         The SET index rose almost throughout the week, ending at 1,721.58 points, up 1.04% over-week. The average daily trading value was THB45,092.56 million, that being 9.51% higher. The mai closed at 439.01 points, increasing 1.35% over-week.

The SET index rose early to mid-week, along with foreign markets, boosted by expectation that the Fed would gradually raise their policy rate in coming months, and the US-Mexico bilateral trade deal. However, the upside gain of the SET index was limited by concerns toward the fragility of emerging markets and escalating trade tension between the US and China. 

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Financial Markets