Stock Markets

Tokyo stocks extend losses over Wall Street plunge

Tokyo stocks extend losses over Wall Street plunge

Hong Kong shares fall further 3 per cent in early trading

Hong Kong shares fall further 3 per cent in early trading

Taiwan stocks open lower on Wall Street losses

Taiwan stocks open lower on Wall Street lossesTaip

Sensex joins Asian sell-off, slides 5 percent on global recession fears

India SensexMumbai, Nov 20 : The Bombay Stock Exchange (BSE)''s Sensitive Index (Sensex) tumbled more than five per cent on Thursday, led by losses in top-listed Reliance Industries and financial stocks, joining the rest of Asia in a broad sell-off after U. S. markets plunged.

By noon, the 30-share BSE index was down five per cent at 8,335.02, after falling as low as 8,316.39.

This was its lowest since October 27, when it touched a three-year low of 7,697.39.

The 50-share National Stock Exchange (NSE) index was down 4.33 per cent at 2,520.90.

Asian markets resume slide amid mounting US financial woes

Tokyo - Asian stock markets took heavy losses Thursday, reflecting widespread gloom about US economic troubles and another bad day on Wall Street.

Japan's key Nikkei 225 Stock Average plummeted nearly 7 per cent, ending the day below the 8,000 level.

Traders said the sell-off was the result of mounting concern over the US economy, particularly the Big Three automakers' financial fate.

The Nikkei 225 Stock Average tumbled 570.18 points, or 6.89 per cent, to close at 7,703.04.

The broader Topix index of all first-section issues also fell 45.15 points, or 5.46 per cent, to 782.28.

US economic warning sends shares into tailspin

Frankfurt - A new grim warning from the US Federal Reserve about the outlook for the giant American economy triggered another share sell-off around the world with stocks in Europe slumping by about 3 per cent in early trading Thursday.

Europe's broad-based Dow Jones Stoxx 600 index had dropped 2.9 per cent to 2228.99 as the trading day got underway following steep falls across Asia and after stocks on Wall Street plummeted by more than 5 per cent on Wednesday.

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