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SET Index closed at 1,296.79 points, decreased 11.88 points or 0.91% with a trading value of 49 billion baht. The analyst stated that the Thai stock market plunged in the same direction as regional and European markets as well as the Dow Jones Futures due to concerns over the Fed’s statement that forecasted a prolonged effect of coronavirus on the U.S. economy.
However, the relationship between BTS and SIRI abruptly ended after SIRI announced that the company had sold all of its stake in “BTS Sansiri Holding Eighteen” in which SIRI holds 50% in the joint venture company to Noble Development Public Company Limited (NOBLE) at a value of 41.03 million baht and renamed the company name to Ratchada Alliance Company Limited.
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