Thai shares fall after martial law, Jakarta lower

A Thai soldier guards with a heavy machine gun from a Humvee military vehicle at a main road outside the Royal Thai Police Sports Club in Bangkok, Thailand, 20 May 2014. Thai army Chief Prayuth Chan-ocha early on 20 May 2014, declared martial law giving the military full control to prevent further protest-related violence in the country.

REUTERS: Thai shares fell on Tuesday after the army declared martial law to restore order following six months of anti-government protests, while Indonesian stocks declined on uncertainty over the outcome of the presidential election in July.

Thailand's SET index fell more than 1.6% to 1,387.62 in early trade but recouped its losses and was down 0.8% by midday amid a mixed reaction to martial law, which the army said was not a coup.