Thai stocks drop on escalating war in MideastAn electronic board displaying the Korea Composite Stock Price Index and a news report on the US-Israeli conflict with Iran, in the dealing room of a bank in Seoul on Monday. Thai shares also dropped in line with other markets. (Photo: Reuters)The Stock Exchange of Thailand dived on Monday amid the escalating war in the Middle East, as oil prices moved beyond US$100 a barrel. The SET index had dropped 55.96 points, or 3.97%, as of 10.05am, with the Thai bourse following the downward trend of its regional peers. The Thai market plunge was in the same direction as other Asian markets as investors unloaded holdings, worried about surging oil prices as the US-Israel versus Iran war entered its second week with no end in sight.
Source: Bangkok Post March 09, 2026 03:40 UTC