Stocks declined and commodities dropped to three-month lows as big companies worldwide continued to post poor results amid concern that US economic growth is stalling again.
The Stock Exchange of Thailand Index lost 15.58 points on Friday to close at 1,281.81, down 2% from the previous Friday's close of 1,307.71. Turnover was 33.73 billion baht, with 5.92 billion shares traded.
"Investors have big concerns about the global economic slowdown," said Kasem Prunratanamala, head of research at CIMB Securities (Thailand).
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