Stock Markets

Shares fall sharply in Seoul

Shares fall sharply in SeoulSeoul - Shares crashed Thursday on the Seoul stock exchange a

Sensex Below 10K, Down 403.23 Pts

Sensex Below 10K, Down 403.23 PtsIndian equities extended its losses on poor economic fears in the global front.

The 30-share index BSE Sensex belled the day below 10,000 at 9,755.03 after falling 364.98 points. Realty, metal, oil & gas and baking stocks led the declining charts.

Asian stocks tumbled after News Corp, Isuzu Motors and Cathay Pacific Airways slashed their profit viewpoint, adding to evidence the worldwide economy is headed toward depression.

BSE Midcap and Smallcap index fell 3.16% and 1.95% respectively.

Tokyo stocks fall 6 per cent on economic worries

Tokyo stocks fall 6 per cent on economic worriesTokyo - Japan's stock market ended 6 per cent lower Thursday as renewed economic concerns wiped away gains brought a day earlier by Senator Barack Obama's victory in the US presidential election.

The Nikkei 225 Stock Average plunged 622.1 points, or 6.53 per cent, to close at 8,899.14.

The broader Topix index of all first-section issues also lost 57.61 points, or 5.96 per cent, to 909.3.

On currency markets at midday (0300 GMT), the dollar traded at 98.07-12 yen, down from Wednesday's 5 pm quote of 99.37-38 yen.

Australian stocks pounded by Wall Street hammer

Australian stocks pounded by Wall Street hammerSydney - A big fall on Wall Street saw Australian stocks droop Thursday.

The ASX 200 gave up 186 points, or 4.2 per cent, to close at 4,149 as investors took their lead from the US market rather than an upbeat assessment of the global economy by Finance Minister Lindsay Tanner.

Philippine shares drop 3.21 per cent

Philippine shares drop 3.21 per centManila - Philippine share p

Tokyo stocks fall 5 per cent on economic worries

Tokyo stocks fall 5 per cent on economic worriesToky

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