Thai stocks sink as martial law declared

Published



HONG KONG (AP) — Thailand’s stock market fell and the currency wobbled Tuesday after the military declared martial law in what it called an attempt to stabilize the country’s precarious political situation. Stocks elsewhere around the globe were mixed as markets drifted in the absence of major economic news.

The benchmark SET index in Bangkok was down 1.2 percent at 1,393.99. The dollar spiked to about 32.65 baht before easing to about 32.54 baht.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.