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SET monitors flu impacts



SET monitors flu impacts

Patareeya Benjapholchai

The Stock Exchange of Thailand is monitoring if the Mexican flu would send a negative impact on the Thai stock investment, said SET President Patareeya Benjapholchai.

 She noted that if the outbreak could be contained, the impacts would be less severe than when Sars and bird flu raged Thailand. While the Mexican flu has already hurt share prices of aviation and tourism companies, the Thai government has assured the world of precautionary measures.

 The Dow Jones Industrial Average fell 51.29 points (0.64 per cent) to close at 8,025.00 on Monday, as cautious traders pushed US stock prices lower in a muted reaction to the deadly swine flu outbreak. The fear also lessened good news from General Motors which is expected to avert bankruptcy due to its new overhaul plan.

 Patareeya noted that the Thai market has become more attractive to foreign investors after the end of the Songkran clash. Daily trading volume has averaged Bt9.8 billion.

 The SET Index ended the morning session on Tuesday at 471.43 points, down 3.56 points, on trading volume of Bt10 billion.



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