Most Southeast Asian stock markets fell on Monday, surrendering their early gains, with the Thai index dropping to a near one-week closing low, led by telecoms. The Thai SET index declined 0.7 percent, marking its lowest close since March 17, with a 3.9 percent fall in the country's third-largest telecom firm, True Corp, and a 0.8 percent loss in Advanced Info Service Pcl.
Foreign investors bought a net $13.60 million worth Thai shares despite the central bank on Friday trimming its growth forecast for this year.
Malaysia ended 0.4 percent weaker, while Indonesia and Singapore fell 0.1 percent each with the death of Singapore's founding Prime Minister, Lee Kuan Yew, and a seven-day period of national mourning from Monday expected to dent market sentiment.
Jakarta saw a net foreign outflow of $30.28 million, Thomson Reuters data showed. Malaysia witnessed a net inflow of $7.09 million, bourse data showed.
Vietnam's benchmark VN Index fell 0.8 percent to its lowest since February 5, breaking a support level that analysts said left room for further losses.
Bucking the trend, the Philippines index ended 0.3 percent up.
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