Thailand stock exchange halts trading after earthquake
A strong earthquake in Myanmar led to the suspension of Thailand’s stock market trading, with the benchmark SET index already under pressure from US auto tariff concerns.
The Stock Exchange of Thailand (SET) suspended all trading activities for the afternoon session on Friday after a powerful earthquake hit neighbouring Myanmar, sending tremors across Bangkok.
The exchange announced the immediate closure on its website, citing the impact of the seismic event.
The suspension affected all markets, including the SET, the Market for Alternative Investment (MAI), and the Thailand Futures Exchange (TFEX). The decision was made as a precautionary measure following the quake, which caused concern among investors and businesses in the region.
Before the halt, the benchmark SET index was trading 1.05% lower at 1,175.45 points, marking an over one-week low.
The market had already been under pressure earlier in the session due to concerns over new US auto tariffs, adding to the volatility triggered by the earthquake.
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