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Thai Stocks, Overcome by Numerous Problems, Fall to One-Month Low.

Bangkok Post (Bangkok, Thailand)

| May 01, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

May 1--Thai stocks fell 1.25 percent yesterday to a one-month low, breaking the key 650-point barrier, as investors continued to dump shares over a host of negative factors.

The Stock Exchange of Thailand index closed at 648.15 points, down 8.23, in trade worth 20.5 billion baht. Leading trade were building and furnishing stocks, down 3.55 percent, banks, down 0.59 percent and transportation, down 1.61 percent.

Analysts said investment sentiment remained poor for a number of factors yesterday, including uncertainties over the conflicts in the south, global interest rates and a new outbreak of Sars in China.

Wednesday's fierce battles between ...

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