On Friday, the Stock Exchange of Thailand halted all trading activities for the afternoon session following a powerful earthquake that occurred in nearby Myanmar. The tremors from the quake were strong enough to be felt in Bangkok, the capital city of Thailand. As a result, the exchange decided to suspend operations for the remainder of the day.

The SET index, which serves as Thailand’s benchmark, was last recorded at 1,175.45 points, marking a decline of 1.05 percent and reaching its lowest level in more than a week. Throughout most of the trading session, the index hovered around this figure, reflecting the persistent pressure on stocks.

This downward movement in the market was largely driven by concerns over the imposition of new U.S. tariffs on automobiles. The announcement of these tariffs created uncertainty among investors, leading to a cautious sentiment that weighed on the performance of the stock market during the day.