SET index further heads down
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The Stock Exchange of Thailand further suffered from falling appetite among foreign investors.
The index further slipped by 19.16 points or 1.32 per cent, to 1,433.47 points on Wednesday, on turnover of Bt66.5 billion.
Yesterday, the index slumped the most among Asian bourses, falling by 4.97 per cent.
Foreign investors in this month have been the net-sellers of Thai shares. Their net-sell position as of June 11 was worth Bt28.2 billion, boosting the year-to-date net-sell amount to Bt49 billion.
Foreign investors are now shifting money back to the US, on expectation that the US Federal Reserve will end the quantitative easing before 2014.
Foreign investors in this month have been the net-sellers of Thai shares. Today, their net-sells were worth Bt6 billion, boosting month-to-date net-sells to Bt34 bilion and year-to-date figure to Bt55 billion.
