SET plunges on bubble concerns | Bangkok Post: business

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SET plunges on bubble concerns

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Thai stocks plunged 1.9% yesterday, underperforming their regional peers, on anxiety over potential measures to curb lending after the central bank expressed concern about surging property and equities trade. 

Heightened political uncertainty also took a toll on the market.

The National Anti-Corruption Commission is set to decide Prime Minister Yingluck Shinawatra's fate for allegedly submitting a false assets declaration involving a 30-million-baht loan to a company linked to her common-law husband, Anusorn Amornchat.

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