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Futures Focus

The SET50 Index closed last week at 961.93 points, a decrease of 22.46 points, or 2.3% from the previous week. The most traded SET50 Futures contract S50Z21 (expiring in November 2021) was settled at 961.10 points, a decrease of 21.7 points, or 2.2%.

Global stocks went into a tailspin late last week following reports of a potentially serious new coronavirus strain emerging from southern Africa. Jitters over inflation and a faster tapering of Federal Reserve stimulus also dampened sentiment. The Dow sank 904 points (2.5%) in thin post-Thanksgiving trade on Friday to finish the week at 34,899.34, a decline of 2% from 35,601.98 the week before.

The SET continued to trade in a narrow range, with the DTAC-True merger creating some excitement early in the week, before news of the new Covid strain spoiled the investor mood. The index sank 37.85 points (2.3%) on Friday to end the week at 1,610.61, a decrease of 2.1% from 1,645.06 the previous week.

On the TFEX, daily average trading volume was 837,334 contracts, an increase of 292,871 contracts, or 53.8% from the previous week. The most actively traded product was Single Stock Futures with 2,855,362 contracts, or 571,072 per day. Total market open interest was 4,670,403 contracts, a decrease of 43,538 or 0.92% the week before.

BUSINESS DERIVATIVES & COMMODITIES

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2021-11-29T08:00:00.0000000Z

2021-11-29T08:00:00.0000000Z

https://bangkokpost.pressreader.com/article/282037625437291

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