Thai stocks slide as worries grow about health of king – marketwatch. com

The stock market plunged Wednesday in Thailand amid simmering concerns about the health of Thai King Bhumibol Adulyadej. High profit margin industries The country’s SET Index dropped as much as 6.9% at one point, before closing down 2.5% at 1,406.18 points.

Thailand’s currency and stock market dropped to multi-month lows Wednesday, after Thai royal authorities said on Sunday that the 88-year-old king’s health wasn’t stable.

The Thai baht was among the worst-hit Asian currencies on Wednesday.


High profit items to sell The dollar rose as much as 1.3% against the baht Wednesday at one point to hit 35.89, the highest level since Feb. High profit shares 3, according to Thomson Reuters data.

The pair had been stable for much of the day, but moved sharply from 35.48 at around 3 a.m. High profit crafts Eastern Time to 35.89, Thomson Reuters data showed, before settling at its current level. Low cost high profit business The baht was last seen down 0.8% at 35.71 to the dollar.

The market was reacting to concerns about the king’s condition and succession plans, said Tareck Horchani, deputy head of Asian Pacific sales trading at Saxo Capital Markets.

Amonthep Chawla, head of research at CIMB Thai, said domestic issues in the country were also likely triggers for the sharp selloff in the baht. Low cost high profit shares There were warnings issued by authorities of terrorist attacks that could have weighed on the currency and stocks, he said. Small business with high profit margin in india Fed weighs elsewhere in Asia

Other Asian shares were also broadly lower Wednesday as the odds rose for a U.S. Low investment high profit business in kerala interest rate increase in December, leading to worries that foreign investors will pull money out of Asia.

“People are starting to wake up that the hike is coming,” said Hao Hong, head of research at Bocom International. High profit agriculture business in india “The Fed is running out of excuses not to hike.”

“This is the first time [in a while] the Fed Fund futures have traded above a 70% [probability] for hiking,” said Heng Koon How, a strategist at Credit Suisse. Businesses with high profit margins “The market is taking it for real now…the market is very concerned.”

The market will be scrutinizing the minutes from the Federal Open Market Committee meeting in September, to be released later Wednesday. Low value high profit shares Financials fall in Japan

In Japan, stocks were weighed down by losses for steel and financial companies. Business with less investment and high profit Weak second-quarter results from global aluminum major Alcoa Inc. Profit margin high or low led to declines in Japanese steelmakers. Low capital high profit business ideas JFE Holdings Inc. Retail business with high profit margin fell 5.2% and Nippon Steel & Sumitomo Metal Corp. Low investment high profit business ideas in india declined 3.5%.

In other markets, Australia’s S&P/ASX 200 pared its earlier losses and closed down about 0.1%. Retail products with high profit margins BHP Billiton Ltd. High profit business with low investment was down 1.5%, Oil Search Ltd. High profit business india fell 2% and Rio Tinto Ltd. Low budget high profit business in india shed 0.4%.

Hong Kong’s Hang Seng was heavily weighed down by financials. High profit low cost business Bank of Communications Co. Business with high profit in india led declines with a 2.9% tumble followed by a 2.8% fall in Bank of China Ltd. Low investment high profit business in hyderabad and a 1.8% drop for Industrial & Commercial Bank of China Ltd.

China’s plans to deleverage firms with high debt ratios by swapping loans for equity are expected to be a drag on Chinese banks, say analysts. High profit items to sell on amazon The specific worry is that banks will be saddled with near worthless equity holdings after swapping for bad loans.

In currencies, China fixed the yuan 0.2% weaker against the U.S. Best business ideas with high profit in india dollar Wednesday, setting the currency at its weakest level since Sept. High profit margin items 15, 2010, according Thomson Reuters data.

This was the third consecutive day of a weaker yuan fixing after China’s weeklong holiday, and the move followed broad dollar strength in the New York session on the back of heightened expectations for a rate increase this year.

The stock market plunged Wednesday in Thailand amid simmering concerns about the health of Thai King Bhumibol Adulyadej. Highest profit margin items on ebay The country’s SET Index dropped as much as 6.9% at one point, before closing down 2.5% at 1,406.18 points.

Thailand’s currency and stock market dropped to multi-month lows Wednesday, after Thai royal authorities said on Sunday that the 88-year-old king’s health wasn’t stable.

The Thai baht was among the worst-hit Asian currencies on Wednesday. Low cost high profit products The dollar rose as much as 1.3% against the baht Wednesday at one point to hit 35.89, the highest level since Feb. High profit items to sell on ebay 3, according to Thomson Reuters data.

The pair had been stable for much of the day, but moved sharply from 35.48 at around 3 a.m. Business with high profit margins in india Eastern Time to 35.89, Thomson Reuters data showed, before settling at its current level. Ebay products with highest profit margin The baht was last seen down 0.8% at 35.71 to the dollar.

The market was reacting to concerns about the king’s condition and succession plans, said Tareck Horchani, deputy head of Asian Pacific sales trading at Saxo Capital Markets.

Amonthep Chawla, head of research at CIMB Thai, said domestic issues in the country were also likely triggers for the sharp selloff in the baht. High profit business ideas philippines There were warnings issued by authorities of terrorist attacks that could have weighed on the currency and stocks, he said. Low investment business with high profit in chennai Fed weighs elsewhere in Asia

Other Asian shares were also broadly lower Wednesday as the odds rose for a U.S. Small business low investment high profit interest rate increase in December, leading to worries that foreign investors will pull money out of Asia.

“People are starting to wake up that the hike is coming,” said Hao Hong, head of research at Bocom International. Best business with highest profit margin “The Fed is running out of excuses not to hike.”

“This is the first time [in a while] the Fed Fund futures have traded above a 70% [probability] for hiking,” said Heng Koon How, a strategist at Credit Suisse. High profit jobs “The market is taking it for real now…the market is very concerned.”

The market will be scrutinizing the minutes from the Federal Open Market Committee meeting in September, to be released later Wednesday. High profit items to sell online Financials fall in Japan

In Japan, stocks were weighed down by losses for steel and financial companies. Business with low investment and high profit in india Weak second-quarter results from global aluminum major Alcoa Inc. High profit business ideas uk led to declines in Japanese steelmakers. High profit margin products JFE Holdings Inc. Low cost business ideas with high profit philippines fell 5.2% and Nippon Steel & Sumitomo Metal Corp. Low startup high profit business declined 3.5%.

In other markets, Australia’s S&P/ASX 200 pared its earlier losses and closed down about 0.1%. High profit products BHP Billiton Ltd. Low investment high profit business in kolkata was down 1.5%, Oil Search Ltd. High profit margin products to sell fell 2% and Rio Tinto Ltd. High profit selling pdf shed 0.4%.

Hong Kong’s Hang Seng was heavily weighed down by financials. Items with highest profit margin on ebay Bank of Communications Co. Low startup cost high profit business led declines with a 2.9% tumble followed by a 2.8% fall in Bank of China Ltd. Business ideas with high profit margins and a 1.8% drop for Industrial & Commercial Bank of China Ltd.

China’s plans to deleverage firms with high debt ratios by swapping loans for equity are expected to be a drag on Chinese banks, say analysts. Highest profit business in india The specific worry is that banks will be saddled with near worthless equity holdings after swapping for bad loans.

In currencies, China fixed the yuan 0.2% weaker against the U.S. Low investment high profit business philippines dollar Wednesday, setting the currency at its weakest level since Sept. High profit business to start 15, 2010, according Thomson Reuters data.

This was the third consecutive day of a weaker yuan fixing after China’s weeklong holiday, and the move followed broad dollar strength in the New York session on the back of heightened expectations for a rate increase this year.

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