Shares of Malaysia's AirAsia fall 1.7%

[KUALA LUMPUR] Shares of AirAsia Bhd fell further on Monday, declining as much as 1.7 per cent, as investors turned bearish over a research report questioning its accounting practices.

Malaysia's AirAsia shares traded 1.2 per cent lower at 1.79 ringgit per share at 0103 GMT, underperforming the benchmark stock index's 0.06 per cent fall.

Its long haul arm AirAsia X was flat at 0.23 sen per share.

REUTERS