The coronavirus spread continues to put pressure on the Stock Exchange of Thailand index on Thursday. The index ended 134.98 lower, or 10.8%, to close the day at 1,114.91 in heavy turnover of 101 billion baht. Institutional investors led the sell-off, with a net 4.6 billion baht, followed by brokers at 4.07 billion baht and foreign investors at 1.9 billion baht. “The market is reacting now more to the fear of global investors,” said Win Phrompaet, a fund manager at Principal Asset Management. Elsewhere in the region, the stock markets went from bad to worse.

Source: Bangkok Post March 12, 2020 12:00 UTC