After Thailand Elections, Investors in Asia’s Worst-Performing Market on Edge

A week after Thailand’s pro-democracy parties garnered an historic win in national elections, investors are getting nervous over the formation of a coalition government.

The uncertainty has triggered an outflow of funds since the May 14 poll, worsening the rout in Asia’s worst-performing stock market this year and sending the baht lower against the dollar. While the coalition is formalizing its alliance Monday, the selloff may continue until there’s clarity on the new leadership.