Volatile markets after US elections
KS predicts delayed results and chaos
Stock market volatility is likely to heighten this week as a delay in the US presidential vote count could happen because of the persistent Covid-19 outbreak, analysts say.
Passakorn Linmaneechote, head of research at Kasikorn Securities (KS), predicts former vice-president Joseph Biden will win the election and the Democratic Party to take over the majority of both houses of Congress.
However, a large portion of voting has been done by mail, which could delay counting in…