Thai Stock Market Roundup on October 28, 2020 – SET Index closed at 1,207.94 points, dropped 1.01 points or 0.08% with a trading value of 55 billion baht. The analyst stated that the Thai stock market traded in both positive and negative territory, but the domestic sentiment improved after the Thai government showed signs of compromising in the amendment of the Thai constitution to ease the protest. However, European stock market dropped at the open due to the rising coronavirus cases and concerns over the U.S. stimulus bills. The analyst expected SET Index to rebase in tomorrow’s session between 1,200-1,225 points. – Foreign Investors net sold Thai shares for a total of 3.3 billion baht, dropping SET by 1 point. – European stocks plunged sharply as infections reached daily high and Trump rejected relief bills. – Oil prices fell 4% amid oversupply concerns as coronavirus cases surged, while OPEC+ expected to increase output next year. – SAWAD formed “Srisawad Digital” to operate a
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