SET 50 Index closes down 11.67% from last week

The SET 50 Index Futures, S50U08 (ending September 30, which is the nearest contract month), yesterday settled at 461.6 points, down 56.6 points, or 12.32 per cent, from the previous Friday.

Investment sentiment in the Thai stock market still faces several negative factors, including the economic slowdown in the US. Asian stock markets, including Thailand's, have fallen significantly, due mainly to foreign selling.

The Thai stock market has plummeted significantly, mainly from fear of inflation after the

Bank of Thailand's Monetary

Policy Committee raised its policy rate 25 basis points to 3.5 per cent.

Weekly trading volume on the Thailand Futures Exchange was 39,986 contracts worth Bt18.67 billion. Of these contracts, 39,040 were SET 50 Index

Futures and 946 SET 50 Index Options.

The number of open-interest contracts in the market as of Thursday stood at 24,166.