Investors keep wary eye on Thai protests as stock market slips | Malay Mail

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HONG KONG, Oct 16 ― Escalating anti-government protests in Thailand could push one of this year's worst performing stock markets even lower, some investors fear, as political instability adds another layer of risk to an already fragile tourism-dependent economy. Thai stocks were Asia's worst...

Riot police take up positions after a clash with anti-government protesters during a protest on the 47th anniversary of the 1973 student uprising, in Bangkok October 15, 2020. — Reuters pic

Thailand has already suffered a record US$8.8 billion in equity outflows over the first nine months of this year, exchange data shows, as the Covid-19 pandemic wrecks the travel-exposed economy and finance and industry-heavy stock index. Prayuth has vowed to stay on and this week issued an emergency decree, prohibiting gatherings of more than five people.

 

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