Bangkok - Thai shares lost 3.28 per cent Tuesday on jitters from news of Japan's recession.
The Stock Exchange of Thailand (SET) index ended at 419.97, down 14.24 points, on 7.9 billion baht (229.7 million dollars) in transactions.
"The Thai market was following the Hong Kong and Tokyo bourses down," said Phuwadol Larpudomsuk, an analyst at Asia Plus Securities. "Investors are worried about the impact of recession in Japan on the region."
Taipei - Taiwan stocks finished 3 per cent lower Tuesday as uncertainties over the island's and the global economy dampened investor sentiment, dealers said.
The benchmark Taiex index dropped 134.62 points, or 3.03 per cent, to close at 4,305.18.
Taiex opened sharply lower in reaction to Wall Street's overnight fall, caused by US banking giant Citigroup's announcement of massive lay-offs.