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Thailand SET index breaks 800 to hit 22-month high

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Thai stocks reached their highest point in nearly two years yesterday, with the main index rising by 1.69% to close at 801.32 points.

The index, which rose to as high as 803.92 points, ended the day up 13.34 points in trade worth 28.715 billion baht. The index is at its highest point since June 2008.

Energy stocks led the rally, rising by 2.57% as crude oil prices continued their two-month upwards trend by topping $84 per barrel. Bank stocks rose by 0.59% while construction material stocks rose by 3.46%.

via SET breaks 800 to hit 22-month high.

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Thailand’s Prime Minister concerned over illegal gambling during Euro 2020

Police in Thailand is tasked with monitoring illegal gambling. Raids regularly take place resulting in fines and or jail time for people found to be hosting or playing in illegal gambling events.

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Thailand’s Prime Minister Prayut Chan-o-cha has expressed concern over an increase in illegal gambling by Thais during the month-long UEFA European Soccer Championship, or Euro 2020.

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Latest Covid-19 News in Southeast Asia

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Coronavirus disease 2019 (COVID-19) WHO Thailand Situation Report - 22 February 2021

Singapore remains far and away the most vaccinated country in Southeast Asia, with nearly 30 percent of residents having received both doses. But the city-state has also seen an aggressive rise in local cases in recent weeks.

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