Asian Market Updates

Thai Stock Market May Test Support At 1,600 Points

The Thai stock market has moved lower in two straight sessions, slipping almost 25 points or 1.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,620-point plateau and it's tipped to open under pressure again on Tuesday.

The global forecast for the Asian markets continues to be soft on concerns about interest rates and the global economy. The European and U.S. markets were down again and the Asian markets, despite being badly oversold at this point, are expected to at least open in the red.

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by RTTNews Staff Writer

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