Seeking Alpha

Thai shares fall as political worries weigh

  • Thai shares (THD, TF, TTF) slide 1.2% in Bangkok as political turmoil intensifies.
  • Protestors have taken recently to surrounding Prime Minister Yingluck Shinawatra’s home and are now attempting to disrupt new elections.
  • Amid the strife, the baht hit its lowest level in nearly four years — Thai shares have seen foreign outflows "for nearly every session since November," Reuters notes.
  • Other Southeast Asian markets are quiet. Shares in Singapore (EWS, EWSS) are up 0.7%.
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