Thailand SET Index Drop

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