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Thailand’s investor confidence plunges in March

BANGKOK, April 10 (Xinhua) — Thailand’s investor confidence plunged in March from a positive to a neutral level as the local stock market fluctuated and weakened over concerns about the U.S. and European banking crises, a survey showed Monday.

The country’s investor confidence index (ICI), which anticipates the market condition over the next three months, fell 21 percent to 95.65 in March from a month earlier,