Analysts said, if the Thai stock lost 2.6% of its value on Monday, in response to the decline in the Shanghai Stock Exchange is the largest increase during nearly four years, due to fears of a credit crunch.
The Thai stock index fell by 36.41 points, or 2.4%, to close at 09.1364 points.
Terdsak said Tawitaratam analyst at "Asia Plus Securities", "The sharp decline in the Chinese stock market, the impact on us, because China is a big market for Thai exports."
The index ended the Composite Index on the Shanghai Stock Exchange, which tracks shares traded in local and foreign currency transactions, on Monday, down 5.3%, or the equivalent of 86.109 points in reaction to the emergence of signs of a credit crunch for government companies.
The Thai stock index fell by 36.41 points, or 2.4%, to close at 09.1364 points.
Terdsak said Tawitaratam analyst at "Asia Plus Securities", "The sharp decline in the Chinese stock market, the impact on us, because China is a big market for Thai exports."
The index ended the Composite Index on the Shanghai Stock Exchange, which tracks shares traded in local and foreign currency transactions, on Monday, down 5.3%, or the equivalent of 86.109 points in reaction to the emergence of signs of a credit crunch for government companies.
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