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.
After a weak opening today, the 30-share index BSE Sensex continued to trade in the negative zone on the back of global worries, and lack of support at higher levels.
Heavy selling action was witnessed in banking, IT and power stocks.
BSE Midcap and Smallcap index shed 1.56% and 1.42% respectively.
As declining growth, massive job cuts, worries of a deep and prolonged recession in worldwide economies continue to disturb the outlook, the stock market, despite a few rallies here and there, has been fighting to make a headway for the last few months.
Singapore - Singapore shares drop
Bangkok - Thai shares lost 3.28 per cent Tuesday on jitters from news of Japan's recession.
Beijing - China's main stock
Seoul - Shares nosedived
Taipei - Taiwan stocks finished 3 per cent lower Tuesday as uncertainties over the island's and the global economy dampened investor sentiment, dealers said.
After a weak opening today, the 30-share index BSE Sensex continued to trade in the negative zone on the back of global worries, and lack of support at higher levels.
