The SET rose early in the week on institutional
and foreign investor purchases as the government decided not to enforce a national lockdown. The Thai bourse was also supported by hopes of new
economic stimulus measures. However, the SET dropped slightly around midweek
before surging again during the rest of the week in line with other regional
stock markets, as the US Congress has certified Joe Biden’s victory in presidential
election and the Democrats won control of the Congress, raising hopes for a new
round of US stimulus measures.
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