(RTTNews) – The Thai stock market headed south again on Thursday, one session after it had ended the two-day slide in which it had fallen almost a dozen points or 0.8 percent. The Stock Exchange of Thailand now rests just above the 1,530-point plateau and it’s looking at another red light again on Friday.
For the day, the index shed 7.07 points or 0.46 percent to finish at 1,532.77 after trading between 1,530.44 and 1,542.19. Volume was 16.438 billion shares worth 46.419 billion baht. There were 982 decliners and 600 gainers, with 462 stocks finishing unchanged.
Among the actives, Advanced Info dropped 1.00 percent, while Thailand Airport shed 0.35 percent, Bangkok Dusit Medical sank 0.80 percent, Bangkok Expressway plunged 2.65 percent, BTS Group tumbled 1.54 percent, Charoen Pokphand Foods lost 0.84 percent, Kasikornbank collected 0.35 percent, PTT fell 0.58 percent, PTT Exploration and Production retreated 2.75 percent, PTT Global Chemical declined 2.31 percent, Siam Commercial Bank lost 0.99 percent, Siam Concrete slid 0.82 percent, TMB Bank was down 2.07 percent and Krung Thai Bank, Asset World, Banpu and Bangkok Bank were unchanged.
The early weakness on Wall Street was subsequently seen as another buying opportunity for some traders even as a number of companies continue to warn about the impact of the outbreak.
Crude oil prices edged higher on Thursday despite lingering concerns about the outlook for energy demand. West Texas Intermediate Crude oil futures for March ended up $0.25 or 0.5 percent at $51.42 a barrel.
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