Bangkok - Thai shares fell 5.2 per cent Thursday on growing fears about the country's political instability, analysts said.
The Stock Exchange of Thailand (SET) index ended at 1,230.77, down 67.94 points or 5.2 per cent compared with the last day of trading Friday.
“This fall was chiefly due to internal factors,” said Prakit Siriwattanakaet, an analyst at Asia Plus Securities.
“Foreign investors were selling because of the increasingly uncertain political outlook before the February 2 general election,” he said.
Bangkok has been wracked by mass anti-government protests since early November, leading to a dissolution of parliament last month and the scheduling of snap polls on February 2.
On Wednesday, protest leader Suthep Thaugsuban called for mass rallies to “shut down” Bangkok starting on January 13 in a bid to scuttle the polls and force caretaker Prime Minister Yingluck Shinawatra to resign. - Sapa-dpa