Economy

Major 7.7-Magnitude Earthquake in Myanmar Triggers Immediate Trading Suspension in Thailand's Stock Exchange

Immediate Trading Halt Across All Markets

In response to the seismic activity, the Stock Exchange of Thailand has announced an immediate suspension of all trading activities. This unprecedented move affects the SET, the Market for Alternative Investment (MAI), and the Thailand Futures Exchange (TFEX), halting the afternoon session entirely.

Market Impact and Earthquake Details

The benchmark SET index was observed trading 1.05% lower at 1,175.45 points, marking an over one-week low. The market had been under pressure due to new U.S. auto tariffs prior to the suspension. The earthquake, measuring 7.7 on the Richter scale, originated in Myanmar, with tremors felt across Vietnam and Thailand on Friday afternoon.