Last Week on the Stock Exchange of Thailand: SET Index Drops 7.7% as Oil Shock Jolts Thai Stocks
Thailand’s SET index closed at 1,410.37 on Friday, down 0.49% for the day and 7.7% for the week, as Middle East oil disruptions rattled markets. Foreign investors sold a net 6.63 billion baht after heavy inflows in February. Rayong Olefins declared force majeure due to the conflict. Brent crude rose above $90 a barrel, with Goldman Sachs warning it could exceed $100 if shipping through the Strait of Hormuz remains disrupted.