Thai Stock Index Poised for Five-Year Low on Political Upheaval
Thailand's equity benchmark index fell Thursday, heading toward its lowest closing level since March 2020 after the government's second-largest party quit the ruling coalition, piling further pressure on Prime Minister Paetongtarn Shinawatra.
The Stock Exchange of Thailand Index fell as much as 2.1%, extending its declines into a sixth day. The gauge has plunged about 23% this year, making it the wost performer among the world's major markets.
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