Trading in Thailand halted as stocks drop by 10%; Japan stocks plummet 8% [CNBC]
JAPAN AIRLINES UNSP/ADR (JAPSY)
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Source: CNBC
Stocks in Asia Pacific saw heavy losses in Friday morning trade after shares of Wall Street saw a historic drop overnight, as fears over the global coronavirus outbreak continued to weigh on investor sentiment. The Stock Exchange of Thailand said trading of all securities was temporarily halted as the SET composite index dropped 10% and hit the circuit breaker. In Japan, the Nikkei 225 was among the biggest losers among the region's major markets as it dropped 7.97% in morning trade after earlier plunging 10%. The moves followed its Thursday close in bear market territory at 18,559.63 — more than 20% off its 52-week closing high. The Topix index dived 7.2%. Over in Australia, shares tumbled, with the S&P/ASX 200 down 5.86%. The index fell into a bear market on Wednesday and saw losses of more than 7% on Thursday. Meanwhile, South Korea's Kospi also plunged 7.59% while the Kosdaq index fell 11.56%. Hong Kong's Hang Seng index dropped 5.31%. Mainland Chinese stocks also declined in morn
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