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Asian Market Updates

Thai Bourse May Extend Thursday's Losses

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

The Thai Stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had rallied almost 40 points or 2.7 percent. The Stock Exchange of Thailand now sits just above the 1,505-point plateau and it may take further damage on Friday.

The global forecast for the Asian markets is soft, with profit taking expected amid continued uncertainty over the conflict in the Middle East. The European and U.S. markets were down and the Asian bourses are expected to follow that lead.

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