An investor monitors share price movements at Asia Plus Securities’ headquarters on Sathon Road. Pornprom Satrabhaya
Thai shares extended their declines on Tuesday because of intensifying tension between Russia and the West as well as surging local Covid-19 cases.
Russia’s official recognition of the independence of the two separatist regions in Ukraine put pressure on global stocks and pushed the global gold price past US$1,900 an ounce, while the crude oil price stayed above $90 per barrel on Tuesday.
Investors also shifted from high-risk assets such as stocks to low-risk assets such as fixed deposit and funds in the money market.
Dow Jones futures continued to fall, while the Dow plummeted more than 500 points on Tuesday morning.
Komsorn Prakobpol, head of the strategy unit at Tisco ESU, said the…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
