Markets

Thailand stock index opens 3.6pc down

COLOMBO : Thailand stock index opened 3.6 percent lower on Tuesday, extending the previous session's losses, tracking de

Published August 9, 2011 Updated August 9, 2011 04:09am

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By Shoaib Ur Rehman

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Asian stocks fell 2-6 percen on Tuesday, after US on concerns over the global economic outlook after Standard & Poor's downgraded the US credit rating.Malaysia stocks were down 2.4 percent after plummeting 4.9 percent in early trade, while Indonesia shares dropped 5.1 percent, recovering from 6.7 percent fall soon after opening.

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