The SET Index (SET) fell 1.4 percent to 1,191.00, the most since Nov. 21.
Oil companies: PTT Pcl (PTT) , Thailand’s biggest company by market value, dropped 2 percent to 347 baht, the steepest decline since Feb. 14. PTT Exploration & Production Pcl (PTTEP) , Thailand’s only publicly traded oil explorer, lost 2.3 percent to 174 baht, the most since Jan. 16.
Crude oil fell as much as 1.3 percent in electronic trading on the New York Mercantile Exchange.
Asia Sermkij Leasing Pcl (ASK) , a Thai lender of automobile loans, lost 3.1 percent to 12.40 baht, the biggest decline since Oct. 5. The company plans to sell 115 million shares at 10 baht each to existing shareholders, it said in a regulatory filing.
Sri Trang Agro-Industry Pcl (STA) , the country’s biggest publicly traded rubber producer, fell 1.8 percent to 21.50 baht, the most since Feb. 27. Rubber futures dropped as much as 0.8 percent to 329.6 yen a kilogram ($3,961 a metric ton) on the Tokyo Commodity Exchange, before ending 0.1 percent lower at 331.9 yen, the lowest settlement level for the most-active contract since March 8.
Total Access Communication Pcl (DTAC) , the nation’s second-largest mobile-phone company, gained 2.5 percent to 82.5 baht, the highest close since Dec. 28. The company was upgraded to buy from sell by Athaporn Arayasantiparb, an analyst at UOB- Kay Hian Securities (Thailand) Pcl.
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