Turnover remains huge despite a bumpy ride
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The Thai stock market's turnover on Wednesday remained sizably huge, at Bt35.37 billion, despite reports that the exchange is a target of anti-government protesters' siege.
Yet, the composite index lost 18.84 points or 1.45 per cent, to 1,277.03 points, putting an end to the gain in the last two trading days.
A hardline faction of the protesters threatened to seize the exchange and Aeronautical Radio of Thailand today, if caretaker Prime Minister Yingluck Shinawatra didnt' resign today. That did not happen though Yingluck resolved after the meeting with several political parties that the election would take place on February 2 as planned.
Foreigners remained net sellers of Thai shares on Wednesday, with sale exceeding buy by Bt1.164 billion. This reduced the net buy this month to Bt2.1 billion.
The Thai baht on Wednesday weakened against US dollar but still remained above the psychological level of $/33.
At 5.10pm, it was at 32.87 against the greenback.
