Thailand’s stock market experienced a downturn on Tuesday, with the all-company Thailand SET Index (TH:SET) dropping 0.3% to 1,403.26.
Declining Stocks
Media/entertainment firm Super Turtle (TH:TURTLE) recorded the largest decline, plunging 11.7%. Following closely behind was financial services company Ngern Tid Lor (TH:TIDLOR), which fell 3.8%. Transportation/logistics company SAMART Aviation Solutions (TH:SAV) also suffered a decline of 3.0%.
Leading Gainers
On a positive note, Taokaenoi Food & Mktg (TH:TKN), a prominent company, emerged as the biggest leader during the trading session, witnessing a 4.7% increase. Basic materials/resources firm Eastern Polymer Group (TH:EPG) also experienced a rise of 4.5%. Thai Stanley Electric (TH:STANLY), operating in the automotive industry, secured the third position among the top gainers on Tuesday, with shares increasing by 3.1%.
Southeast Asian Markets
In other parts of Southeast Asia, Singapore’s FTSE Straits Times Index (SG:STI) fell 0.5%, while Malaysia’s FTSE Bursa Malaysia KLCI (MY:FBMKLCI) dropped by the same amount. The Philippines’ PSEi Index (PH:PSEI) witnessed a decline of 0.7%, whereas Indonesia’s JSX Composite Index (ID:JAKIDX) gained 0.3%.
Asia-Pacific Region Performance
Elsewhere in the Asia-Pacific region, Hong Kong’s Hang Seng Index (HK:HSI) experienced a significant decline of 2.2%, while Japan’s NIKKEI 225 Index (JP:NIK) dropped 0.8%. On the other hand, China’s Shanghai Composite Index (CN:SHCOMP) gained 0.3%.
South Korea’s KOSPI Composite Index (KR:180721) fell by 1.1%, while the S&P/ASX 200 Benchmark Index (AU:XJO) of Australian stocks witnessed a similar decline.
Currency Trends
In terms of currency, the U.S. dollar (USDTHB) climbed 1.1% to reach 35.34 Thai baht, while the euro (EURTHB) increased by 0.6% to 38.53 baht.