The Stock Exchange of Thailand composite index fell 1.45 percent or 12.71 points to 861.93, hurt by lingering fears over US subprime mortgage crisis and heavy regional losses.

The blue-chip SET 50 index lost 10.59 points to 634.50.

Losers outnumbered gainers 268 to 68, with 112 stocks unchanged on turnover of 1.5 billion shares worth 16.3 billion baht (483 million dollars).

Thai baht rose slightly against the dollar to 33.80-86 from Friday’s 33.90-91 and to 49.33-43 against the euro from 49.85-97.

“Investors continued to sell shares due to nervous over ongoing subprime crisis,” said Chai Chirasevenupraphand, a market strategist at Capital Nomura Securities.

The Wall Street closed another big fall last week after major banks warned of further losses is possible in home loan market, raising concerns to broader credit market crunch.

The day’s most noticeable deals involved top energy firm PTT (386.00 -14.00 -3.63%); PTTEP (146.00 -3.00 -0.25%); top Thai bank BBL (119.00 -1.00 -0.84%); KBANK (83.50 +0.00 +0.00%; THAI (38.25 -0.75 -1.96%); and ADVANC (86.00 -1.50 -1.74%).