SET revives after 2% post-coup dive | Bangkok Post: business

Business > Finance

SET sheds 0.6% to 1,396.84

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Thai stocks closed down 0.6% on Friday in heavy trade, after a 2.1% drop in the morning in response to Thursday's military coup. 

The baht also steadied and was little changed late Friday after falling 0.4% against the US dollar immediately after the coup announcement.

The Stock Exchange of Thailand Index declined 8.37 points from Thursday to close at 1,396.84, down 0.7% from the previous Friday's close of 1,405.26. Turnover was 53.5 billion baht, with 8.93 billion shares traded, as foreign investors continued to sell heavily. The index sank to 1,375.41 shortly after the opening before steadying for the rest of the day.

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