India, July 22 -- The Thai stock market on Tuesday snapped the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,190-point plateau and it's expected to see little movement on Wednesday.
The global forecast for the Asian markets offers little clarity as the markets figure to stagnate amidst a lack of catalysts. The European and U.S. markets were mixed and the Asian bourses are likely to follow that lead.
The SET finished sharply lower on Tuesday following losses from the consumer, finance, industrial, property, resource, service and technology sectors.
For the day, the index tumbled 16.38 points or 1.36 percent to finish at 1,191.75 after trading be...