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SET falls almost 1% at midday

Thai shares lost almost 1per cent at midday on mounting anxiety if the authority will introduce measure to prevent the baht apprecaition.

The SET index closed midday at 838.60 points with brisk turnover of Bt16.73 billion.

Blue-chip stocks were the center of the selling pressure. bangkok Bank (BBL) fell 1.53 per cent at Bt129, Kasikornbank (KBANK) dropped 2.35 per cent at Bt83, PTT Plc (PTT) plunged 1.32 per cent at Bt298, and PTT Exploration and Production Plc (PTTEP) slumped 1.63 per cent at Bt121.

Finance Minister Chalongphob Sussangkarn will meet with Bank of Thailand's governor Tarisa Watanagase at 02.00 pm. to discuss about the fast pace of the stronger baht.

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SET falls almost 1% at midday

Thai shares lost almost 1per cent at midday on mounting anxiety if the authority will introduce measure to prevent the baht apprecaition.

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