Thailand ETF could tumble more.

The benchmark SET index closed below psychological support at 1,400 Monday and some investors believe the SET with fall to at least 1,350 by October 17, the day U.S. needs to raise the debt ceiling by. “Foreign investors remained net sellers of Thai shares Monday, amounting to 1.66 billion baht. They sold 10.1 billion baht more than they bought in Thai shares last week alone,” the Bangkok Post reported.

As of September 27, THD had inflows of almost $25 million for the month.

iShares MSCI Thailand ETF

ETF Trends editorial team contributed to this post.