Last Week on the Stock Exchange of Thailand: SET Index Drops 7.7% as Oil Shock Jolts Thai Stocks
The SET index in Thailand closed out Friday at 1,410.37, slipping 0.49% for the session and tumbling nearly 7.7% from last Friday’s finish of 1,528.26. Just four sessions, but a bruising stretch for local equities as the Middle East oil shock dampened sentiment. Turnover reached 62.9 billion baht. Thailand’s pullback stands out—it was one of the few Asian markets pulling in foreign cash. In February, the country attracted $1.75 billion in overseas flows, Reuters reported, citing LSEG numbers. But by Friday, the Stock Exchange of Thailand showed foreigners had dumped a net 6.63 billion baht.