Thailand’s SET Index extended its losses in the afternoon session, tracking global bourses, as the Russia-Ukraine conflict shows up to be dragging on longer than expected, and commodity prices, particularly oil, continue to rise.
At 15.50 hrs. local time in Thailand, the SET Index dropped 54.27 points or 3.36% to 1,617.45 points
Oil prices rose significantly to a 14-year high on Monday morning amid concerns of tight supply in both oil and natural gas from the sanctions on Russia.
