38.7 C
Bangkok
Friday, May 3, 2024

Thai market dips on Ukraine news

An investor looks at an electronic display of stock indices at Asia Plus Securities.

The Thai stock market tumbled in line with regional markets yesterday morning after the report of Russia’s attack on Ukraine’s Zaporizhzhia nuclear power plant stoked fears of nuclear catastrophe.

The SET Index dropped 1.44% to close at 1,671.72 yesterday.

Asia Plus Securities (ASPS) recommends investing in stocks related to weaponry in international markets, including Lockheed Martin (LMT US), Boeing (BA US), Northrop Grumman (NOC US), Leidos Holdings (LDOS US), General Dynamics (GD US) and Raytheon Technologies (RTX US) to capture high returns during the war.

People can invest in foreign stocks through several Thai securities firms, including ASPS, said the brokerage.

Investors can also diversify in weapon-related…

Read more…

Latest Articles