Outbreak causes SET jitters, but rubber gloves bounce
A fresh round of Covid-19 infections in Bangkok has sparked fears of a prolonged lockdown, causing the SET Index to plunge 1.46% or by 23.10 points, closing at 1,556.56 points in trade worth 108 billion baht on Wednesday, propelling investors towards safe-haven assets like gold.
However, Asia Plus Securities executive vice-president Therdsak Taveeteeratham said the government would not announce a curfew. The brokerage expects authorities to control the situation.
Mongkol Puangpetra, executive vice-president…
