Malaysia Airlines shares lose 10% over missing jet

Mar 10, 2014 11:15 AM PHT

Agence France-Presse

SUMMARY

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Shares were trading at 0.225 ringgit, or 10% lower, mid-morning on the Malaysian stock exchange

MISSING PLANE. The arrival board at the Beijing Airport showed the flight MH370 in red text. It was the Malaysia Airlines Boeing 777-200 plane, which lost contact with air traffic authorities on March 8, 2014. Photo by Mark Ralston/AFP

KUALA LUMPUR, Malaysia – Malaysia Airlines shares lost 10 percent on Monday, March 10, the first trading day since the company was rocked by the weekend disappearance of a passenger jet with 239 people aboard.

The shares were trading at 0.225 ringgit, or 10% lower, mid-morning on the Malaysian stock exchange.

Flight MH370 went missing over waters between Malaysia and Vietnam en route from Kuala Lumpur to Beijing early Saturday.

No confirmed evidence of the plane’s fate has yet been found. (READ: Plane debris lead a ‘false alarm’) – Rappler.com