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AirAsia Shares Plunge

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Mon, 29 Dec 2014

KUALA LUMPUR--Shares of AirAsia Bhd (5099.KU) plunged 12% following the loss of its Indonesian affiliate's Flight 8501, and analysts expect the stock to remain weak in the near term. The stock opened at 2.60 ringgit a share, or $0.74 a piece, valuing the airline at 2.79 billion ringgit on the
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