Post by mangomoney on Sept 9, 2016 15:40:10 GMT 7
SET tumbles 31.82 to 1,455.38
Published: 8/09/2016 at 05:15 PM
Online news:
Thai shares suffered a sharp drop Thursday for the second time this week, sliding 2.14% on profit-taking ahead of the quarter's end and concerns over domestic factors.
Investors also blame "other events" outside the financial world as the reason for dumping stocks.
Stock analysts warned investors to brace for a steeper dip.
Investors have had this reaction all week, as lack of confidence pushed the SET index down by more than 5% in four days.
The SET index, the worst performer in Asia on Thursday, saw panic selling intensify in the afternoon session, with shares diving to the day’s trough of 1,451.46 points before closing at 1,455.38, down 31.82 points. Turnover was heavy at 81.64 billion baht.
more...
www.bangkokpost.com/business/finance/1081289/set-tumbles-31-82-to-1-455-38
Published: 8/09/2016 at 05:15 PM
Online news:
Thai shares suffered a sharp drop Thursday for the second time this week, sliding 2.14% on profit-taking ahead of the quarter's end and concerns over domestic factors.
Investors also blame "other events" outside the financial world as the reason for dumping stocks.
Stock analysts warned investors to brace for a steeper dip.
Investors have had this reaction all week, as lack of confidence pushed the SET index down by more than 5% in four days.
The SET index, the worst performer in Asia on Thursday, saw panic selling intensify in the afternoon session, with shares diving to the day’s trough of 1,451.46 points before closing at 1,455.38, down 31.82 points. Turnover was heavy at 81.64 billion baht.
more...
www.bangkokpost.com/business/finance/1081289/set-tumbles-31-82-to-1-455-38
