SET falls to lowest point of 2013 | Bangkok Post: Most recent

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SET at new low for year

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Thai stocks dipped 0.1% on Friday to close at their lowest point this year and complete a fifth straight weekly decline. 

Turnover was heavy as funds continued to flee emerging markets in response to planned cutbacks in US Federal Reserve stimulus spending.

The baht also hit a nine-month low of 31.23 to the US dollar before rallying in the afternoon.

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