Thai consumer confidence dropped for a fourth straight month in June, falling to its lowest level since October last year on concerns over a global slowdown and political uncertainty, according to a survey released on July 11 by the University of the Thai Chamber of Commerce (UTCC).

The Bank of Thailand (BoT) raised its key interest rate to a nine-year high on August 2, amid concerns about possible inflation and political instability.

Foreign investors reduced their net investment in Malaysian equities by 1.19 billion RM (283 million USD) last week, according to the MIDF Amanah Investment Bank Bhd Research.