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Thai Stocks Are Asia’s Top Performers on Food, Tourism: Chart

Thai stocks are the best performers this year among major Asian markets, with the benchmark SET Index’s 13 percent rally in dollar terms almost triple the gain for Morgan Stanley’s gauge of about 150 companies from Singapore, Indonesia, Malaysia, Philippines and Thailand. Thai Airways International Pcl has surged amid record tourism to cities such as Bangkok and Phuket. Food producers Thai Union Group Pcl, owner of the "Chicken of the Sea" tuna brand, and Charoen Pokphand Foods Pcl., Southeast Asia’s biggest meat processor, posted gains of 29 percent and 65 percent, respectively, on strong exports.

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