MAS shares tumble after second disaster in months


KUALA LUMPUR: Malaysian Airlines System Bhd (MAS) shares fell sharply on Friday on news one of its planes was downed in Ukraine, raising pressure on the state-run carrier to try to restore investor confidence after the second major disaster in months.

A passenger plane bound for Kuala Lumpur from Amsterdam was downed over eastern Ukraine on Thursday, killing all 298 people on board. Shares of MAS, the most heavily traded stock on Friday morning, fell to a one-month low of 18.8 sen.

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