Losses could potentially threaten the Thai stock market

(RTTNews) – Thailand’s stock market fell again on Thursday, at one point after ending a two-day slide that saw it fall more than 25 shares, or 2 percent. plateau and should also extend Thursday’s losses.

The outlook for Asian markets is favorable, with oil and know-how stocks expected to depress market rates. European markets rose, while American stocks fell, and Asian markets decided to use the latter’s advantage.

The SET was marginally lower on Thursday following losses in the patronage, financials, industrials and real estate sectors.

For the day, the index fell 0.61 part, or 0.05 percent, to settle at 1,352.56 after trading between 1,346.45 and 1,363.55. The amount was previously 7.873 billion share fees 40.417 billion baht. 271 shares declined and 193 shares gained, while 201 shares ended unchanged.

Among actives, Superior Files climbed 1.05pc, while Thailand Airport fell 0.43pc, Asset World gained 0.63pc, Banpu fell 0.95pc, Bangkok Bank slipped 1, 30pc, Bangkok Freeway lost 0.72pc, B. Grimm fell 2.58pc, BTS Team slipped. 0.85pc, CP All Public rose 0.45pc, Vitality Absolute rose 5.33pc, Gulf improved 0.83pc, Kasikornbank declined 1.22pc, Krung Thai Bank improved by 0.90 pc, Krung Thai Card shed by 0.49 pc, PTT Oil & Retail fell by 1.64 pc , PTT sank by 0.80 pc, PTT Exploration and Manufacturing rose 0.78pc, PTT World Chemical fell 1.74pc, SCG Packaging added 0.57pc, Siam Commercial Bank gained 0.41pc, Siam Concrete declined 1.27pc, Thai Oil jumped 1.87pc, Upright Company gained 1.69pc, TTB Bank, Charoen Pokphand Meals and Bangkok Dusit Clinical remained flat unchanged.

The lead from the Wall Toll road is unfavorable as the major averages opened limited better on Thursday, however the rapid turned lower and spent most of the day in the red before ending up underwater.

The Dow sank 68.42 points, or 0.16 percent, to end at 43,153.13, while the NASDAQ fell 172.95 points, or 0.89 percent, to end at 19,338.29 and the S&P 500 slipped 12, 57 works or 0.21 percent and finished at 5,937.34.

Choppy trading on the Wall Toll Road came as traders stepped up to gauge the reach and duration of the market’s timing outlook after Wednesday’s rally, when the major averages posted their biggest intraday share gain in more than two months.

Traders also digested a slew of US economic files, including weekly jobless claims experience, retail sales and import costs.

The filings were largely in response to expectations and sustained optimism that the Federal Reserve will lower curiosity costs in the precious half of this one year.

Oil prices fell sharply on Thursday after Israel and Hamas agreed to implement a cease-fire agreement that was once drawn up and adopted by the UN Security Council. West Texas Intermediate Crude oil futures for February were down $1.36, or 1.7 percent, at $78.68 a barrel.

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