Asia Markets Open Mix, SET Faces Sudden Decline if Thai Raksa Chart to be Disbanded
Asia markets open mix in the morning of March 7, 2019, after the three-day losing streak from Wall Street.
In the morning session of March 7, 2019, Asia markets opened mix after Wall Street posted a three-day losing streak as investors took a breather following sharp gains this year. Even though the slowdown in economic growth seems to be within the calculation of investors, the worry over the issue still sends negativity to global markets.
The Dow Jones was down 133.17 points, or 0.52%, to 25,673.46. The S&P 500 decreased 18.20 points, or 0.65%, to 2,771.45. The Nasdaq was down 70.44 points, or 0.93%, to 7,505.92.
At 9:05 in Thailand, Nikkei dipped 0.77%, HSI slid 0.18%, Kospi skidded 0.07% while SSEC gained 0.25% and ASX 200 rose 0.16%.
On March 6, 2019, SET closed at 1,625.51 points, plunged 13.49 points or 0.82% with ฿44.3 billion in value. The stock market may face a sudden short decline if the Constitutional Court decides to disband the Thai Raksa Chart Party today.
