Investors also driven by more stable EUThe SET index fell by 0.5% to 1,560 points on Tuesday as capital outflows continued. "The Thai baht, which recently hit a 21-month high against the greenback, is experiencing a dearth of positive factors to support it further. Listed companies' earnings growth consensus has been revised down by brokers halfway through the first-quarter earnings season, creating another downward drag for the Thai stock market. Kasikorn Securities cut the SET's earnings per share growth to 3.3% this year from 5.3% but maintained the SET index forecast at 1,570 points by year-end. The SET index may dive to as low as 1,530 points, the brokerage said.

Source: Bangkok Post May 10, 2017 23:15 UTC