Thailand stocks slide most in Asia


SINGAPORE: Thailand’s stocks slid the most since the global financial crisis as investors dumped riskier assets amid a global equity rout.

The SET Index fell as much 9.5%, the most since October 2008 and just short of a 10% decline that would trigger a trading halt.

The measure ended the morning session 8.8% lower, the second steepest slide in a major regional equities gauge after the Philippine benchmark. Airports of Thailand Pcl fell 12% and was the biggest drag on the SET index.

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