Updated
Updated · MarketWatch · May 8
Thai SET Index falls 0.5% for second straight session
Updated
Updated · MarketWatch · May 8

Thai SET Index falls 0.5% for second straight session

7 articles · Updated · MarketWatch · May 8
  • The benchmark closed at 1,500.36 on Friday, while Cloudflare TDR led declines with a 13.0% drop, ahead of CoreWeave TDR and DoorDash TDR.
  • Forth rose 14.8%, Erawan Group gained 11.1%, and Thaicom added 9.2% as most Southeast Asian markets also fell, including Indonesia, the Philippines, Singapore and Malaysia.
  • Elsewhere in Asia-Pacific, Hong Kong, Japan and Australia declined, Shanghai was flat and South Korea edged up; the dollar slipped 0.2% against the baht to 32.20.
With foreign funds flowing back, why did the Thai stock market suddenly plunge?
Is the global surge in gold prices a warning sign for Southeast Asia's volatile markets?
Can Thailand's new tech incentives overcome years of economic underperformance?