Bangkok  - Thai shares lost 2.8 per cent of their value Tuesday as the Bangkok bourse felt the full impact of Wall Street's declines.

The Stock Exchange of Thailand (SET) index ended at 624.56, down 17.83 points or 2.8 per cent.

"This was basically a response to the Lehman Brother's bankruptcy," said Phuwadol Larpudomsuk, a broker at Asia Plus Securities.

The SET fell less than 2 per cent on Monday, outperforming most bourses in the region, buoyed somewhat by the lifting of a state of emergency in Bangkok over the weekend. (dpa)