Jump to content

Singapore Overtakes Thailand to Become Asia’s Worst Stock Market


Recommended Posts

Singapore Overtakes Thailand to Become Asia’s Worst Stock Market

Ishika Mookerjee

 

595cc64489c6d4da235724e7ecd3a6db.jpg

 

(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

 

Bloomberg.jpg

-- © Copyright Bloomberg 2020-10-31
 
  • Haha 1
Link to post
Share on other sites

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 .

  • Sad 1
Link to post
Share on other sites
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?

  • Like 1
  • Thanks 1
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...