BANGKOK - Thailand’s benchmark SET Index dropped over seven points on Jan 31, immediately after the Constitutional Court delivered its verdict ordering the election-winning Move Forward Party (MFP) to stop its campaign to amend the royal defamation law.
The stock market jitters echo larger fears about the ruling’s most likely consequence – the party’s dissolution, and the subsequent entrenchment of conflict in a society still trying to heal from two decades of political polarisation.
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