Thai stocks sink to 6-month low as anti-govt protests grow


Pro-democracy demonstrators hold posters of protest leaders who have been arrested during an anti-government protest, in Bangkok, Thailand October 18, 2020. REUTERS/Athit Perawongmetha

SINGAPORE: Thai shares languished at a six-month low on Monday as escalating anti-government protests threatened to further erode investor confidence in the country and heaped further pressure on the region's worst performing stock market this year.

Protests demanding the resignation of Prime Minister Prayuth Chan-ocha and curbs on powers of the monarchy have compounded Thailand's woes in recent months after the coronavirus pandemic ravaged its tourism-reliant economy.

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