Wednesday, 23 July 2008

Thai share prices close lower on profit-taking, political concerns

Thomson Financial News
07.22.08

BANGKOK (Thomson Financial) - Thai share prices closed lower Tuesday as investors sold shares for short-term profit-taking after the market rose the previous day.

The Thai bourse fell in line with other regional markets, while investors were also concerned about a military stand-off on the Thai-Cambodian border, domestic politics, and a rebound of global oil prices.

The Stock Exchange of Thailand (SET) composite index lost 5.15 points or 0.75 percent to close at 682.15 points, while the blue-chip SET-50 index fell 4.11 to 480.24. afp

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