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Thailand: SET dives on May 22 as foreign investors bail out.
(From Thai Press Reports)
Section: Stocks - SET plunges almost 3 per cent as investors anticipate another US interest-rate hike, The Nation reports.
The Thai stock market May 22 slumped almost 3 per cent on the continuing sell-off by foreign investors across Asian stock markets, daunted by a possible interest-rate increase in the US.
Foreign investors sold Thai shares worth a net total of Bt5.65 billion - the highest value so far this year.
India's main stock exchange halted trading for an hour May 22, after its benchmark index plunged 10.1 per cent. South Korean share prices closed down 2.46 per cent, Taiwanese down 1.92 per cent, Japanese …
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