BANGKOK May 23 Thai stocks fell 2 percent to
their lowest in nearly two weeks on Friday, a day after the army
chief seized control of the government in a coup.
The SET index was down 2.1 percent at 1,376.67, the
lowest since May 12, amid active selling in large cap banks and
telecoms stocks, including shares of Advanced Info Service
and Siam Commercial Bank.
The benchmark closed up 0.16 percent on Thursday before the
military announcement, with foreign outflows continuing for a
third straight session after the imposition of martial law on
Thailand's army chief, General Prayuth Chan-ocha, seized
control of the government in a coup late Thursday, two days
after declaring martial law, saying the military had to restore
order and push through reforms after six months of turmoil.
(Reporting by Viparat Jantraprap; Editing by Richard Borsuk)