The Stock Exchange of Thailand (SET) and most Asian bourses sagged yesterday, tracking overnight declines on Wall Street, as the Federal Reserve reiterated that US interest rates next year will be higher than previous market estimates, raising fears of a recession.
Sentiment on the Thai bourse, which was down about 0.8% in the afternoon session yesterday, toned down after news emerged in the early morning that Princess Bajrakitiyabha passed out due to heart problems while running.
