Thailand's stock market continued its downward trajectory today, with the SET Index closing 0.4% lower in its third straight session of losses. The decline was led by retail firm Com7, which saw a sharp drop of 16.9%. Other notable declines included Thai Coconut and Chularat Hospital, with their shares falling by 13.5% and 11.6% respectively.
While some companies faced losses, Eastern Polymer Group stood out as the session's biggest gainer, with its shares climbing by 6.8%. The transportation and logistics sector also saw some positive movement with Regional Container Lines' shares increasing by 3.6%. In the technology segment, Xiaomi (OTC:XIACF) Corp experienced a rise of 3.5%.
In a broader view of Southeast Asian markets, the Philippines' PSEi Index fell by 0.7%, while Indonesia's JSX Composite Index enjoyed a rise of 0.4%. Trading was paused in Singapore and Malaysia, as stock exchanges in both countries were closed for the day.
Looking at the Asia-Pacific region, Hong Kong's Hang Seng Index outperformed with a climb of 1.3%. Japan's NIKKEI 225 Index edged up slightly by 0.1%, and China's Shanghai Composite Index increased by 0.2%. Conversely, South Korea's KOSPI Composite Index and Australia's S&P/ASX 200 Benchmark Index both experienced declines, each dropping by 0.2% and 0.4% respectively.
On the currency front, the U.S dollar held its ground against the Thai baht at 36.02, while the euro weakened to 38.51 baht.
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