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4 Dec 2020

Financial Markets

The Baht gradually strengthened, while the SET rebounded at the end of the week


The SET plunged early in the week on sell-offs by foreign and institutional investors as MSCI weighed down the Thai stock market. The SET dropped again around midweek amid concerns towards the COVID-19 situation at home and abroad. However, the SET surged during the rest of the week, supported by the progress of COVID-19 vaccine development.. In addition, the results of OPEC+ meeting boosted energy stocks while the amendments of regulations on eligibility criteria for financial instruments qualified as banking capital by the BOT boosted banking stocks.   

Financial Markets