Bangkok - Thai shares fell 3.07 per cent in value Thursday as foreign investors pulled their money out of Asian stocks, analysts said.

The Stock Exchange of Thailand (SET) index ended at 568.17, down 17.97 points or 3.07 per cent.

The Bangkok bourse has been on the decline since Monday, as the baht currency weakened against the dollar, putting investors in a selling mood.

"Money is flowing out of the regional markets, not just Thailand, Chaiyot Jitwankul, an analyst at Country Group securities, said.

"The hedge funds and foreign investors are selling off Asian stocks," he said. (dpa)