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The SET index fell 0.79% over the week to 1,668.52 points, with trading value down 12%. The baht weakened during the week while the index was pressured by rising US bond yields after the Fed signalled a December hike and by falling global oil prices.
Weaker oil prices and a stronger dollar pressure emerging-market currencies, which raises the cost of dollar-priced feed imports in Thailand. This is routine market commentary with little direct feed impact.
kasikornresearch.comNov 9, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
