Thailand stocks took a hit on Tuesday, with the composite Thailand SET Index dropping 0.4% to 1,392.40.

Sector Movements

Declines

  • BTS Group Holdings (BTS): The transportation/logistics firm saw the largest decline, dropping 8.3%.
  • Indorama Ventures (IVL): Shares of the basic materials/resources company fell 6.3%.
  • Energy Absolute (EA): The energy company saw a decline of 5.7%.

Gains

  • Miss Grand International (MGI): The business/consumer services company emerged as the biggest leader, soaring 30.0%.
  • SISB: Another business/consumer services firm that surged by 15.9%.
  • Jasmine Tech Soln (JTS): Operating in the technology space, this company rounded out the top three leaders with shares surging 14.4%.

Southeast Asia Overview

  • Singapore: FTSE Straits Times Index fell 0.5%
  • Malaysia: FTSE Bursa Malaysia KLCI increased by 0.7%
  • Philippines: PSEi Index declined by 0.4%
  • Indonesia: JSX Composite Index held steady

Asia-Pacific Region Snapshot

  • Hong Kong: Hang Seng Index added 0.9%
  • Japan: NIKKEI 225 Index was flat
  • China: Shanghai Composite Index added 1.3%
  • South Korea: KOSPI Composite Index declined by 0.8%
  • Australia: S&P/ASX 200 Benchmark Index gained 0.1%

Currency Update

On the currency front:

  • USDTHB: U.S. dollar fell 0.3% to 35.81 Thai baht
  • EURTHB: Euro fell 0.3% to 38.87 baht

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