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Thai Shares Slip as Oil Inflation Worries Persist
Thai stocks closed slightly lower on Friday, dropping 1.3% week-on-week, as oil-driven inflation concerns mounted globally. However, sentiment was partially supported by news that the government will extend the 'Thais Help Thais Plus' consumption stimulus by two months until Nov 30, and the central bank signalled continued accommodative policy. The SET index closed at 1,584.15, with foreign investors as net sellers.
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