BANGKOK: Thai stocks fell for a second straight session on Monday as foreign investors shed exposure to risky assets after violence over the weekend hit sentiment, while other South-East Asian markets closed mixed amid concerns about a slowdown in the Chinese economy.
Shares in Singapore and Malaysia closed 0.6% and 0.3%t lower respectively with Kuala Lumpur witnessing a foreign outflow of US$88.08mil as expectation of a sluggish growth in China dented investor appetite for risky assets.
The Thai SET index ended 0.4%, led by information technology and banking shares, while the baht
also slid due to political tension. Foreign investors sold a net $46.47mil worth of shares on Monday, extending the offshore outflow to US$165.9mil in the last five straight sessions.
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