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Markets

Thai Hot Stocks index turns lower

Published Updated

thaiBANGKOK: Thailand's benchmark stock index was down 1.33 percent at 857.79 at 0339 GMT on Tuesday in turnover of 4.04 billion baht ($129.4 million). It had risen in early trade.

Stocks on the move:

Thai energy explorer climbed 3 percent to 136.5 baht after it said it expected 2012 petroleum sales volume to rise 10 percent due to rising output from new fields.

Brokers attributed the stock rise to the company's sales forecast. The stock tumbled more than 5 percent on Monday to its lowest since February 2010 because of weak global oil prices and broad selling in energy shares.

Copyright Reuters, 2011

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