Bangkok - Thai share values plunged 6.96 per cent in value on Friday as panic selling seized the region, analysts said.

The Stock Exchange of Thailand (SET) index ended at 432.87, down 32.37 points or 6.96 per cent.

"There was panic selling in tune with the trend in other Asian markets," said Phuwadol Larpudomsuk, an analyst at Asia Plus Securities.

Thailand's uncertain political scene also played a role. Another confrontation between anti-government protestors and anti-anti-government protestors is expected over the weekend.

Hundreds of former policemen have vowed to surround Government House, which the anti-government People's Alliance for Democracy has occupied since August 26, to force them to end their demonstration by cutting off food, water and utility supplies to the illegal squatters.

"Investors were worried about the political situation over the weekend so they were dumping shares on Friday," said Phuwadol. (dpa)