Investor uncertainty about whether MFP coalition can prevail could last until August
The Stock Exchange of Thailand has been Asia’s worst performer this year, with the benchmark SET Index down 7.7% since Jan 1. (Bangkok Post File Photo)
Volatility is rising in the country’s financial markets amid concern that investors will have to wait until August to find out whether the Move Forward-led coalition will really be able to form a new government.
Uncertainty after the May 14 election first triggered an outflow of funds, worsening the rout in Asia’s worst-performing stock market this year and weakening the baht.
The benchmark SET Index is down 7.7% since Jan 1, though stocks have rallied modestly…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
