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Thailand Stocks Drop Most in Seven Months (THD)

May 15, 2012 11:11 AM EDT
Southeast Asian stocks don't usually get much attention, but when Thailand's main index posts its biggest daily drop in seven months, that tends to turn a few heads. The sell-off on Monday was pegged to global worries over Europe and Greece.

iShares MSCI Thailand ETF (NYSE: THD) tracks stocks in region. So far today, shares of THD have rallied, so the pressure might be off for now, but we'll be keeping our eye on this one.


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