21.   Kim Eng Securities Co. analyst Surachai Pramualcharoenkij said the market was rangebound due to an absence of fresh leads while sentiment was undermined by losses in external markets.

22.   Sentiment was undermined by fresh losses on Wall Street on Tuesday after US markets reopened after an extended weekend.

23.   Sentiment was undermined by regional market weakness, they said.

24.   Sentiment was also undermined by weakness on international bond markets.

25.   Stock sentiment was also undermined by a sharp fall in the value of sterling to a record low point against the mark.