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Thai stocks drop on escalating war in Mideast

The Stock Exchange of Thailand dived on Monday amid the escalating war in the Middle East, as oil prices moved beyond US$100 a barrel.

Mar 09, 2026 &03250909202631; 03:25 UTC www.bangkokpost.com Trending 3/5

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Negative for markets

Sentiment score: -65/100

High impact Immediate effect (hours)

WHAT THIS MEANS

Thai stock market declined due to Middle East tensions pushing oil prices above $100/barrel, creating uncertainty for energy-dependent Asian economies. This geopolitical escalation threatens regional stability and increases input costs for businesses across Southeast Asia.

AI CONFIDENCE

85% Very high

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

↓

SET

SETIndex

Expected to decline

Direct impact from Middle East conflict and elevated oil prices affecting Thai economy

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Oil (WTI Crude)

CL=FCommodity

Expected to rise

Crude oil surged above $100/barrel due to Middle East escalation

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Euro / US Dollar

EURUSDCurrency

High volatility expected

Geopolitical risk driving safe-haven demand and energy cost concerns

↓

Euro Stoxx 50

^STOXX50EIndex

Expected to decline

European indices pressured by higher energy costs and regional exposure

PRICE HISTORY

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⚡ SUGGESTED ACTION

Consider reducing exposure to energy-dependent Asian equities and cyclical sectors. Hedge with defensive positions or increase allocation to safe-haven assets (bonds, gold) until Middle East tensions stabilize.

KEY SIGNALS

Oil prices breach $100/barrel thresholdGeopolitical risk premium increasingAsian emerging markets selling pressureEnergy cost inflation concernsSafe-haven asset demand rising

SECTORS INVOLVED

EnergyTransportationAirlinesManufacturingConsumer Discretionary

Analysis generated on Mar 09, 2026 at 15:11 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Bangkok Post Business. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Thai stocks drop on escalating war in Mideast

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