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.