The benchmark SET Index moved sideways in volatile trade early this week. Thai shares tracked external gains higher on Monday to hit 1,546 points before heading down to 1,520 the following day on worries over Myanmar's partial capital controls, potentially affecting stocks with exposure in Myanmar such as MEGA, OSP and CBG.
Equities on Wednesday and Thursday were pressured by jitters over the spillover effect from the crypto meltdown after Zipmex temporarily suspended redemption for certain accounts as a result of its investment in other troubled digital asset platforms. Second-quarter earnings reports by major banks also affected sentiment late in the week.
