Thai stocks drop

The Thai stock market fell 2.32 percent Wednesday after a court upheld the suspension of dozens of industrial projects worth billions of dollars on environmental health concerns, an analyst said. The Stock Exchange of Thailand (SET) composite index lost 16.50 points to close at 693.51 points, and the blue chip SET-50 index dropped 13.54 points to 486.96.
Losers overwhelmed gainers 265 to 86, with 90 stocks unchanged with turnover of 3.9 billion shares worth 28.7 billion baht (866 million dollars). Bangkok Bank lost 2.50 to 112.00 baht.