It's a bad day for markets in Southeast Asia. In Bangkok, Thai shares (THD -5.73% premarket)...
It's a bad day for markets in Southeast Asia. In Bangkok, Thai shares (THD -5.73% premarket) collapse nearly 5% amid $178.57M in selling by foreign investors, while Philippine equities (EPHE -3.77% premarket) plummet 4.64% in Manila. Foreign selling totaling some $400M hits Indonesian stocks (EIDO, IDX -2.1% premarket) which sink 3.5% in Jakarta, making for a horrendous two-day slide. Malaysia (EWM) was steady and the 0.94% loss witnessed in Singapore (EWS, EWSS) seems comparatively tame.
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