The Stock Exchange of Thailand (SET) composite index slumped 14.19 points on Tuesday to 676.22 amid intensified political conflict as ex-PM Thanksin Shinawatra supporters set for an endurance rally on November 28. The trade value concluded at 16.67 billion baht.

Losers far outnumbered gainers 314 to 61 and 77 stock values remained unchanged.

The day’s most noticeable deal involved BANPU (502.00 -2.00 -0.40%), PTT (221.00 -8.00 -3.49%), PTTEP (126.00 -3.00 -2.33%), ADVANC (80.75 -3.75 -4.44), and SCB (78.75 +0.00 +0.00).

“Investors are worried that the so-called Red-Shirt protests might turn violent,” a broker in Bangkok said.

He said the country’s political uncertainties have brought a lot of nasty effects on the stock market and the Thai economy.

Mr. Thaksin supporters, known as the Red-Shirt people, previously announced to mount an endurance protest aiming to dethrone the government from power.

Mr. Thaksin himself told his supporters that the country’s reelection could come as soon as the first quarter of 2010—a speech that sparks hopes amid his supporters, which comprised of a network of poor citizens in the north and northeast.