Thai stocks extend losses over intensified Russian-Ukraine crisis

[webfact]

 

By Panithan Onthaworn

 

The Stock Exchange of Thailand (SET) index tumbled over 33 points, down almost 2 per cent, on Monday, amid deepening crisis in Ukraine that has investors retreating from the market. 

 

The SET index stood at around 1,637.75 points during the morning session. The dip was in line with other regional markets, as the Russian-Ukraine crisis remains unresolved. Last Friday, the SET closed by falling over 24 points.

 

Most analysts expect the market to still be under pressure on Monday, with the United States and allies mulling to put a ban on oil imports to Russia. 

 

Full story: https://www.thaienquirer.com/38266/thai-stocks-extend-losses-over-intensified-russian-ukraine-crisis/

 

-- © Copyright Thai Enquirer 2022-03-07

 

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[kingstonkid]

I think there is a translation problem the ban is not on imports to Russia but importing oil FROM russis

[Isaan sailor]

Sure, there’s a crisis with Russia’s invasion  of Ukraine.  But it’s 100% on Russia as the aggressor.  At least western currencies have inched up.  We’ll see how long that lasts…. 

[cncltd1973]

Thailand has a stock market? first I've heard about it!