Thai SET

BANGKOK, Thailand (AP) -- Thai stocks plummeted almost 20 percent at one point Tuesday in the most dramatic turmoil to hit financial markets here since the 1997 Asian financial crisis, rattling markets in the region.

Investors dumped stocks in Hong Kong, India, Indonesia and Malaysia amid contagion concerns that the plunge might to spread through the region and trigger the kind of slump that wracked Asia nearly ten years ago.

The Stock Exchange of Thailand's benchmark SET Index plunged as much 19.5 percent before recovering some to close at 622.14, down 14.8 percent.

Leia mais