Thai stocks rebounded sharply yesterday after plunging as analysts warned over the possible fallout – political and economic – from the King’s death. The SET Index closed at 1,477.61 points, up 4.59 per cent.
Japanese auto giants Toyota and Honda said it would be business as usual for their factories in Thailand.
However, Japanese media have quoted unnamed insiders at companies operating in Thailand who said they were worried that they might have to shut plants because Thai employees could be reluctant to work as the nation mourns the King’s passing.