Amsterdam - The main index of the Amsterdam stock exchange AEX on Monday dropped to 211.86 points as of mid-afternoon, down 3.6 per cent from Friday's close of 219.81 points and well below the psychological "red line" level of 218 points.
The value of Dutch insurer Aegon shares had dropped the most, plunging 11.43 per cent) and stood at 2.55 euros (3.22 dollars).
MCX-SX, the currency futures market run by the Multi Commodity Exchange of India Ltd (MCX), has seen a steady growth in average volumes traded daily from Rs 6 crores during its inception in October to around Rs 1,475 crores today. Though the market leader currently sees most of its volumes coming from Mumbai, CEO U Venkataraman believes that the next wave of growth will come from smaller towns which have an export focus. DNA Money's Pranav Nambiar caught up with Venkataraman for a chat on the currency futures trading the country as well as MCX-SX's future roadmap.
What is the state of the currency futures market in the country?
It is far from a perfect hedge and may need to be held for longer periods to be effective as inflation hedge
The recent rally in gold prices is believed to have a linkage with the rising sovereign risks and defaults across the global financial markets. The yellow metal is often cited as a safe haven for investors thanks to the fact that unlike financial assets, gold is not other's liability. Historically, gold prices have reacted to demand arising from economic scenario and the current rally amidst global slowdown supports this notion. However, one section also raise questions over gold's perceived characteristics.
Indian equities markets belled the week on a negative note with a key index 2.36% lower than its previous closure on Friday (Feb 27).
Markets were down following heavy selling pressure witnessed across metal and banking stocks. The melting Asian markets added to the negative sentiment.
Brokers said that the stock market opened lower tracking a reduction on the other Asian equity markets after the US stocks fell to 12-year lows on Friday on deepening economic fears.
Taipei - Taiwan stocks lost 2.88 per cent Monday, dragged down by Wall Street's sharp decline over US banking woes in previous trading, dealers said.
The main TAIEX index opened sharply lower and extended its heavy losses to close at 4,425.83, down 131.32 points, or 2.88 per cent.
Dealers said US banking fears put local finance shares under heavy pressure, and reports about lender HSBC's plan to scale back its US consumer finance operations further dampened the market sentiment.
Amsterdam - The main index of the Amsterdam stock exchange AEX on Monday dropped to 211.86 points as of mid-afternoon, down 3.6 per cent from Friday's close of 219.81 points and well below the psychological "red line" level of 218 points.
The 30-share BSE Sensex continued to trade negative with heavy selling activity seen across all the sectoral indices. 
Indian equities markets belled the week on a negative note with a key index 2.36% lower than its previous closure on Friday (Feb 27).
Taipei - Taiwan stocks lost 2.88 per cent Monday, dragged down by Wall Street's sharp decline over US banking woes in previous trading, dealers said.
