Thailand now has the world’s worst stock market


epaselect epa04833216 A Thai investor reacts as he monitoring share prices data displayed on electronic boards at a stock brokerage in Bangkok, Thailand, 06 July 2015. The Stock Exchange of Thailand (SET) main index fell 17.43 points or 1.17 percent at the opening trading session after Greeks voted to reject bailout terms required for continued financial aid. EPA/RUNGROJ YONGRIT

BANGKOK: Rising coronavirus cases in Thailand dimmed the outlook for a quick rebound in tourism, sending the nation’s equities benchmark to rank as the world’s worst performer.

Thailand’s SET Index’s 5.1% slump yesterday, most in six years, came after the government said confirmed cases of the virus rose by three to 40, furling fears of a wider spread.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Not so hot for petrochem
Bumps in Perodua’s EV march
TMK Chemical resolute in meeting targets
Top-tier mix for Topmix
Unlocking abandoned projects�
PNB, GLICs to develop 10 bumiputera champion firms by 2030
World Bank: Malaysia shows strong progress in reducing poverty, must now focus on inclusive growth
Nestl� for Healthier Kids marks 15th anniversary, aims for 500,000 students by 2030
URA: Why it deserves support
Flooring to beat Malaysia’s heat

Others Also Read