Thailand Shares Drop for Fourth Consecutive Session
Thailand shares continued to decline for the fourth straight session on Tuesday, as the all-company Thailand SET Index TH:SET dropped 0.1% to 1,385.22.
Major Declines and Leaders
Among the technology firms, Hana Microelectronics TH:HANA experienced the largest decline, plunging 12.7%. Carabao Group TH:CBG also saw a significant drop of 6.3%. Jasmine International TH:JAS followed with a decline of 5.2%.
On the other hand, Ditto Thailand TH:DITTO, a technology company, emerged as the biggest leader during the session with a rise of 7.7%. Star Petroleum Refining TH:SPRC, an energy firm, also showed a strong performance by rising 6.6%. SCGJWD Logistics TH:SJWD, operating in the transportation/logistics sector, secured its place as one of the top three leaders on Tuesday, with shares increasing 6.2%.
Southeast Asia and the Asia-Pacific Region
In other parts of Southeast Asia, Singapore's FTSE Straits Times Index SG:STI fell 0.1%, while Malaysia's FTSE Bursa Malaysia KLCI MY:FBMKLCI gained 0.5%. The Philippines' PSEi Index PH:PSEI declined 0.1%, while Indonesia's JSX Composite Index ID:JAKIDX rose 0.3%.
Moving to the broader Asia-Pacific region, the Hang Seng Index HK:HSI of Hong Kong companies declined 0.2%, while the NIKKEI 225 Index JP:NIK of Japanese companies added 0.3%. Similarly, the Shanghai Composite Index CN:SHCOMP of Chinese companies increased by 0.3%.
South Korea's KOSPI Composite Index KR:180721 had a notable increase of 1.2%, while Australia's S&P/ASX 200 Benchmark Index AU:XJO saw a rise of 0.8%.
Currency Trends
On the currency front, the U.S. dollar USDTHB climbed 0.3% to 36.08 Thai baht, and the euro EURTHB climbed 0.4% to 38.65 baht.
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