SET market report for March 2022

BANGKOK, April 5, 2022 -Sanctions on Russia have bumped up commodity prices and
lowered risky asset prices. Crude oil prices in the global market which surpassed USD 100 per barrel have stoked concerns that the Federal Reserve could tighten monetary policy to curb the rising inflation. However, the inverted yield curve of the 2-year and 10-year US treasury bonds weighed investors’ concern over recession risk.

Stock Exchange of Thailand (SET) Senior Executive Vice President Soraphol Tulayasathien said that Thailand’s exposure to Russia and Ukraine is considered
limited as the economic rebound is gaining steam, particularly in the Services
industry and tourism sector which are expected to reap a windfall from the country reopening in the near future. These factors have attracted foreign fund influx, with Thailand grabbing the biggest slice of capital inflows to ASEAN region during the…