Thai shares drop 3.03 per cent after Bangkok blasts

Thai share prices dropped 3.03 per cent Wednesday on the first day of business after the New Year holiday amid security fears following deadly bomb blasts in Bangkok, dealers said.

They said the New Year's Eve blasts that killed three and wounded 38 added to doubts about the post-coup government as investors have become worried about the risk of lower-than-expected economic growth.

The Stock Exchange of Thailand (SET) composite index was down 20.59 points to 659.25, while the bluechip SET 50 index dropped 14.28 points to 458.99.

Agence France-Presse