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Thai Stock Market Faces Continued Losing Streak

The Thai stock market slides for the fifth consecutive day as concerns over interest rates weigh on global markets. Property and technology stocks offer some support, but overall sentiment remains cautious.

by Terry Bingman
Fri, Aug 18, 2023 3:57am
in Stock Market
• 3 mins read
13.9k
Thai Stock Market Faces Continued Losing Streak | FinOracle

Photo: Finoracle.me

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The Thai stock market has experienced a decline for the fifth consecutive day, with the Stock Exchange of Thailand slipping more than 15 points or 1 percent. This downward trend is likely to continue on Thursday, as global markets show weakness due to concerns surrounding interest rates. Despite losses in various sectors, support from the property and technology stocks has managed to mitigate the losses in the overall market.

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Tags: AIARAsiaBangkok BankCESChinaEUEURFederal ReserveFoodInflationInterest rateInvestmentInvestorMarketMarket sentimentMonetary policyNasdaqPotentialS&P 500SECStockStock ExchangeStock Exchange of ThailandStock marketUSWall Street
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