Thai Baht’s Slide Fuels One of Emerging Asia's Top Sector Rallies
- Thai electronics parts makers jumped about 10% in April
- Baht weakness is expected to aid export competitiveness
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A slide in Thailand’s baht is proving to be a fillip for the country’s exporters of electronics parts.
The SET Electronic Components Index is up about 9 percent so far in April, leading the 28 industry groups in the nation’s stock market. Delta Electronics (Thailand) Pcl is one of the top performers this month among the largest firms in emerging Asia’s electrical parts sector, data compiled by Bloomberg shows.