Thai shares yesterday tumbled 3.37% as investors locked in profit after the recent rally and concerns over the US Federal Reserve's stimulus stance return on comments by a Fed bank president that the the programme's tapering could start next month.
The SET index, the worst performer among its regional peers yesterday, plunged at the opening bell and headed south further to close the market at 1,436.68 points in heavy trade worth of 50.63 billion baht. Local institutional investors were the largest sellers with a net amount of 2.48 billion baht, followed by brokers at 1.66 billion baht and foreign investors at 299.18 billion while retail investors bought 4.44 billion baht more than they sold.
The main gauge surged almost 230 points or 18.17% from the year's closing low of 1,260.08 on Aug 28 to 1,489.06 at the close on Thursday.
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