Equity sell-off continues amid global contagion fearThe Stock Exchange of Thailand index ended in the red after the morning session on Monday. (Photo by Pornprom Satrabhaya)Asian stocks fell across the board amid rising cases of the Covid-19 outbreak outside of China, with the Stock Exchange of Thailand (SET) index among the casualties of deteriorating confidence. The SET index fell by 36.25 points or -2.42% to close at 1,458.84 points when the morning trade session ended, in turnover worth 35 billion baht. Foreign investors were the sole net sellers of 2.8 billion baht worth of shares. CRC shares declined by 12.7% or -5.25 baht to 36 baht, down from its IPO share price of 42 baht per share.

Source: Bangkok Post February 24, 2020 06:56 UTC