After a rollercoaster year for the SET, 2021 is finally upon us. We started 2020 on a positive note, with investors optimistic that the market would perform well as economic conditions were improving and tourism was still healthy. The SET peaked at 1,604.43 points in early January.
However, after the Covid-19 pandemic was unleashed a couple of months later, the index was dragged as low as 969.08 points in mid-March before recovering to close above 1,000 on that same day.
The SET continued to rise, from 1,000 points in March to 1,400 in June, as Thailand appeared to have the virus outbreak well under control, opening the door to recovery from full lockdowns. Through the third quarter and into the fourth quarter, the SET moved around the 1,200-1,300 level, before surging significantly over the last two months to touch 1,500 points…
