Jump to content

Thai Stock Market Suffers Sharp Drop Amid US Tariff Fallout


Recommended Posts

Posted

 

 

Thai Stock Market Suffers Sharp Drop Amid US Tariff Fallout

Thailand’s stock market plunged on April 8, with the SET Index dropping 42.30 points (3.76%) amid fears of a global trade war sparked by new US tariffs. The sell-off, led by major firms like Gulf Energy and Kasikornbank, followed a three-day trading break. In response, the Stock Exchange of Thailand introduced temporary restrictions on short selling and narrowed trading bands to curb volatility. The US has imposed a 36% tariff on Thai goods, pressuring investor confidence already weakened by falling profits and economic uncertainty. The SET is down nearly 20% this year, hitting a five-year low.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...