The plunge in the Stock Exchange of Thailand (SET) index this week was the result of profit taking by foreign investors in the Thai stock market and other bourses in the region and also globally, SET president Charamporn Jotikasthira on Thursday .
The SET main index dropped immediately after the opening Thursday and broke the technical support level of 1,500 points to close at 1,497.96 points at the end of the morning session, down 24.70 points or 1.62% from Wednesday's close. The trade value was 36.45 billion baht, with 7.33 billion shares traded.
On Wednesday, the SET index plunged 32.95 points, or 2.12% to close at 1,522.66 points.
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