Thai Hot Stocks-Index falls as anti-govt protests continue

Sun Mar 14, 2010 11:32pm EDT

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 BANGKOK, March 15 (Reuters) - Thailand's benchmark stock
index .SETI was down 0.1 percent at 732.69 at 0305 GMT on
Monday, snapping a three-day winning streak as investors waited
to see how mass anti-government protests evolved.
 Thousands of protesters started to move on Monday towards a
military base in Bangkok where Prime Minister Abhisit Vejjajiva
has his crisis headquarters, putting pressure on him to call
fresh elections. [ID:nSGE62E02X]
 "For the rest of the day, I feel the market will be
range-bound because investors want to monitor the protests,"
said Pichai Lertsupongkij, an analyst at Thanachart Securites,
expecting the index to move between 723 and 740.
 Stocks on the move included:
 THAI AIRWAYS INTERNATIONAL (THAI.BK) EXTENDS LOSSES
 The national carrier was down 0.8 percent at 24.1 baht,
extending its fall on Friday after a plan to sell up to 1
billion new shares to the public and shareholders, including
the Finance Ministry, in an offer worth roughly $720 million at
current market price. [ID:nSGE62B08K]
 0324 GMT
 - For Thai/Myanmar/Indochina top news click [ID:nTOPTH]
 - For Thailand's IPO diary click on <TH/IPOMENU>
 - For Thailand's stock exchange news click on [TH-SET]
 - For Thailand corporate earnings: [TH-RES-RTRS]
 - For Thailand economic forecast: [POLL-ECI-TH-RTRS]
 ($1=32.55 Baht)
 (Writing by Viparat Jantraprap; Editing by Alan Raybould)


















































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