Thai shares dip as global recovery stalls

Thai stocks fell briefly below the psychological 1,300 mark on 9 February as intensifying anxiety over the global economy fanned demand for safe-haven assets, with local gold bullion momentarily hitting 20,050 baht per baht-weight.

The Stock Exchange of Thailand (SET) index started the day on a sour note, tracking global stock market turmoil, and headed south to the day’s trough of 1,294.6 points before buying on dividend plays nearly erased the early loss. 

Keep reading