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Thai market rebounds 3.52%



Prime Minister Abhisit Vejjajiva has instructed the investigation into the rumours on His Majesty the King's health condition which plunged the stock exchange in the past two days, while urging investors not to be swayed by rumours.



 He said on Friday that there would be investigation if the rumours violated the securities and exchange law.

 He said the investigation result would show if the rumours were floated on political purposes.

 The Stock Exchange of Thailand Index on Friday recovered the loss, ending 24.40 points higher or 3.52 per cent to 717.12 points on turn over of Bt29.77 billion.

On Wednesday, the SET fell 2.04 per cent and on Thursday it was down 5.3 per cent as a result of massive sell orders from foreign investors on a panic fuelled by rumours about the declining health of Thai King Bhumibol Adulyadej, 81, who has been in hospital since September 19.



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