Thai Stocks Lose Link to Asia as Economy Slows: Chart of the Day
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The six-month political crisis in Thailand that led the Army to impose martial law is severing the Bangkok stock market’s ties with the rest of Asia.
The CHART OF THE DAY shows that swings in Thailand’s SET Index have the lowest correlation now to moves in the FTSE/Asean 40 Index, a Southeast Asia equity benchmark gauge, since 2007.