Thai share prices closed 0.75 percent lower on Tuesday as investors sold stocks for short-term profit-taking after the market rose the previous day, dealers said. They said the Thai bourse fell in line with other regional markets, while investors were also concerned about a military stand-off on the Thai-Cambodian border, domestic politics, and a rebound in global oil prices.
The Stock Exchange of Thailand (SET) composite index lost 5.15 points to close at 682.15 points, while the blue chip SET-50 index fell 4.11 t and 1,000 Cambodian troops are stationed around a small temple in about five square kilometres (two square miles) of disputed land on the border in a week-long spat that has raised fears for regional stability.
Thailand's biggest energy firm PTT rose 4.00 baht to close at 264.00 baht while its subsidiary PTT Exploration and Production lost 2.00 to 147.00. Banpu, the country's largest coal miner, was unchanged at 398.00.
The kingdom's biggest lender Bangkok Bank gained 1.00 baht to 107.00 baht. Kasikornbank slipped 1.00 to 66.50 and Siam Commercial Bank edged up 0.50 to 75.00. Thai Airways edged down 0.50 to 16.20. Thailand's biggest telephone operator Advance Info Service lost 1.50 to close at 89.50.
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