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