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SET trading rose 43% in February, signals recovery
published : 9 Mar 2021 at 04:00
1 The SET Index closed at 1496.78 points at the end of February, up 2% from January. (Photo by Pornprom Satrabhaya)
Trading value on the Stock Exchange of Thailand (SET) in February rose 43% from the same period last year, with stocks in the food, banking and industrial sectors outperforming and providing a strong sign of a global economic recovery.
Soraphol Tulayasathien, the SET s senior executive vice-president, said the global stock exchanges in February experienced volatility as bond yields spiked to 12-month high, inciting concerns over a rise in inflation that could cause major central banks to ease monetary policies sooner than expected.