Thai shares yesterday tumbled below the psychological 1,400-point mark again on growing concerns over the looming shutdown of the US government amid a budget impasse.
Worries over local political uncertainties and foreign fund flows also dented demand for risk assets.
The Stock Exchange of Thailand (SET) index shed 2.42%, among the biggest losers in Asia, to 1,383.16 points in moderate trade worth 32.7 billion baht. Big-cap stocks were at the centre of the selling spree. Siam Commercial Bank (SCB) dipped 6 baht to 148 baht, PTT (PTT) dropped 10 baht to 316, Shin Corporation (INTUCH) lost 1.50 baht to 81.50 baht and Kasikornbank (KBANK) was off 7 baht to 175 baht.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.