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Bangkok Post
Bangkok Post
Business

DARK SECRETS: Tech sell off takes toll on asian equities - The Real Truth

(Photo: 123RF)

RECAP: Most Asian stock markets fell sharply on Friday, with equity benchmarks in Japan and Taiwan falling as much as 6%, as a global rout in technology stocks accelerated. The resumption of US-Iran hostilities and higher oil prices also dented sentiment.

Thai stocks traded sideways on Friday, escaping the broader Asian rout. Analysts say that while sentiment on global tech stocks is fragile, the Thai economic and investment recovery story is still intact.

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