SET Falls 23pts on Aug. 2 Right Off the Bat after Several Explosions around the City!

The Stock Exchange of Thailand on August 2, 2019, opened at 1,677.06, fell sharply by 22.69 points right off the bat at 10:00 local time in Thailand.

The sudden plummet was due to the worry from the escalation of trade war after the new trade tension between the U.S. and China had abruptly sparked over the night on the announcement of another $300 billion dollar worth of Chinese goods to be imposed with 10% import tariffs.

Moreover, there are currently several reported explosions by planted bombs in the capital city of Thailand. The police still has no clue of the bomber’s identity and motive.