Stocks in Thailand and other Southeast Asian markets experience losses

  • Thai SET Index fell 0.7% to 1,404.81
  • Super Turtle and Airports of Thailand were the biggest decliners
  • Jasmine Tech Soln and Sky ICT were the top gainers
  • Other Southeast Asian markets also saw declines
  • Hang Seng Index of Hong Kong gained 1.0%
  • Shanghai Composite Index of China increased 0.6%
  • U.S. dollar and euro both gained against the Thai baht

Thailand stocks declined on Thursday, with the Thai SET Index falling 0.7% to 1,404.81. Super Turtle, a media/entertainment firm, and Airports of Thailand, a transportation/logistics company, were the biggest decliners, dropping 9.5% and 4.9% respectively. On the other hand, Jasmine Tech Soln and Sky ICT were the top gainers, increasing 5.9% and 3.7% respectively. Other Southeast Asian markets also saw declines, while the Hang Seng Index of Hong Kong gained 1.0% and the Shanghai Composite Index of China increased 0.6%. The U.S. dollar and euro both gained against the Thai baht.

Public Companies: Super Turtle (TURTLE), Airports of Thailand (AOT), AIRA Capital (AIRA), Jasmine Tech Soln (JTS), Sky ICT (SKY), SCGJWD Logistics (SJWD), FTSE Straits Times Index (STI), FTSE Bursa Malaysia KLCI (FBMKLCI), PSEi Index (PSEI), JSX Composite Index (JAKIDX), Hang Seng Index (HSI), Shanghai Composite Index (SHCOMP), KOSPI Composite Index (180721), S&P/ASX 200 Benchmark Index (XJO)
Private Companies:
Key People:

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Factuality Level: 7
Justification: The article provides factual information about the decline of Thailand stocks and the performance of specific companies in the market. However, it lacks context and analysis, focusing solely on the numbers without providing any explanation or insight into the reasons behind the decline or the performance of individual companies. Additionally, the article includes irrelevant information about the performance of other stock markets and currency exchange rates, which is tangential to the main topic.

Noise Level: 2
Justification: The article primarily consists of a list of stock market movements and currency exchange rates. It lacks analysis, evidence, or actionable insights. The information provided is repetitive and does not provide any meaningful context or implications for the reader.

Financial Relevance: Yes
Financial Markets Impacted: Thailand stock market

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article provides information about the decline in Thailand stocks and the performance of various companies in the market. However, there is no mention of any extreme event or its impact.

Reported publicly: www.marketwatch.com