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Wednesday, October 08, 2008

STOCK EXCHANGE DIPS BELOW 500 POINTS

On Monday morning the Stock Exchange of Thailand opened at 579.42 points. As of lunchtime today (Wednesday) it stands at 496.67 - a drop of 14.28 per cent in just two and a half days of trading. The fall since January 2nd is a staggering 42.16 per cent.
Arguably some of the fall this week is down to what's been happening economically elsewhere in the world however I'm sure that a significant factor has been the events of the last 36 hours in Bangkok.
The question surely now must be how low can it go?

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