March has started out with very good news. Vaccine distribution is now under way in Thailand, with more than 30,000 people vaccinated so far. This comes not a second too soon as the lockdown during the first two months of the year had dragged the economy back down.
We should now see the recovery gain steam as vaccinations accelerate. The vaccine plan for Thailand calls for 2 million doses within April, another 26 million by August, and 35 million more by the end of the year. This positive news has catalysed a big SET gain this month with huge trading turnover of around 100 billion baht per day.
The index is now at a new high for the year, approaching 1,580 points, and continued momentum could take us to 1,600 before the end of the month.
Worldwide, daily new cases have continued to decline and are now around 300,000, a huge drop…
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