The Stock Exchange of Thailand slipped on Monday with Asian bourses broadly down, as investors trimmed risks following a drop in US equity futures, while analysts raised concerns about financial sector stress, saying recession fears are growing.
Most Asian markets closed lower in a week packed with economic data and central bank meetings. China’s Shenzhen Component led losses, falling 1.16%, while the Shanghai Composite was down 0.78%. Hong Kong’s Hang Seng index fell 0.58%, with South Korea’s Kospi losing 0.82%.
Only Japan’s Nikkei 225 bucked the regional trend, edging up 0.10% along with a 0.11% rise in the Topix, as investors await the Bank of Japan’s monetary policy decision later this week in the first such meeting chaired by its new chief Kazuo Ueda.
The regional drop…
