Thai Stocks Set for Record Losing Streak Amid Foreign Selloff

Reported 12 months ago

Thai equities are facing a record stretch of quarterly losses as international investors withdraw amidst political uncertainty. The SET Index has declined over 5% this quarter, marking its sixth consecutive quarterly drop, the longest since 1987. Foreign investors have pulled out $1.23 billion in shares since March, totaling $3.16 billion outflows this year. Thailand's stock market is considered fragile and volatile due to political risks, with expectations for continued underperformance compared to the region.

Source: YAHOO

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