rooster59 Posted October 31, 2020 Share Posted October 31, 2020 Singapore Overtakes Thailand to Become Asia’s Worst Stock Market Ishika Mookerjee (Bloomberg) -- Follow Bloomberg on LINE messenger for all the business news and analysis you need. Singapore stocks took a beating this week amid the twin uncertainties of the U.S. election and the worsening pandemic in the West, overtaking Thailand to become Asia’s worst equity market this year. The Straits Times Index fell about 1% on Friday, taking the 2020 decline so far to 25%, compared with a fractionally smaller loss for Thailand’s SET index. The city-state’s gauge, which relies heavily on exports, is down about 4.3% this week, among the region’s worst performances. Full story: https://ca.finance.yahoo.com/news/singapore-overtakes-thailand-become-asia-082006110.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAIGejdrLTo78xoE6QYVkHw1GqzBPerF2FTMWn1x019_gM5VaWSNdSJVG13N_sNjKR036eGzZf8xph_y6RYsDTJcDd0dnHe_T3QlTJ-qbweY9ih31A9RMEAisVNTM2fqATnJkSAmadzQbb9XrNllAZxYXEqhl1GY3WTpEUQ0N3E56 -- © Copyright Bloomberg 2020-10-31 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates 1 Link to comment Share on other sites More sharing options...
keith101 Posted October 31, 2020 Share Posted October 31, 2020 If Thailand had Asia's worst Stock Market then why was the baht value so high ? This is why so many people believe there is always some kind of currency manipulation going on . 1 Link to comment Share on other sites More sharing options...
canopus1969 Posted October 31, 2020 Share Posted October 31, 2020 42 minutes ago, keith101 said: If Thailand had Asia's worst Stock Market then why was the baht value so high ? This is why so many people believe there is always some kind of currency manipulation going on . Please explain how a currency is tied to it's Stock Market? 1 1 Link to comment Share on other sites More sharing options...
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