Southeast Asian stocks hammered by oil price fall and coronavirus

Thailand's PTT plunges 25% while Singapore's DBS drops 8%

20200309 Thai stock exchange

Data from investment bank UBS showed that foreign investors held over 40% of Thai shares in the second and third quarters of 2019. © Reuters

KENTARO IWAMOTO and MASAYUKI YUDA, Nikkei staff writers

SINGAPORE/BANGKOK -- Stock markets in Southeast Asia nose-dived Monday, with some energy stocks losing a third of their value after oil prices plummeted, worsening a slump already triggered by the coronavirus outbreak.

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