Rising metal prices to affect key industries
Geopolitics, Covid-19 driving recent trend
Rising commodity prices due to a rise in domestic consumption is expected to negatively impact the construction, electrical appliance and electronic component industries, analysts say.
However, the effect on share prices may not be felt at this time as investors are speculating on first-quarter results.
The hike of commodities prices has also put pressure on the SET Index as it dipped to 1,559.23 points, down 0.03 points or 0.02%, after a brief spark in the morning session on Tuesday. The government announced on Tuesday it would control…