Stock Markets

French shares fall again despite steady Wall Street

French shares fall again despite steady Wall Street Paris - Despite a steady early session on Wall Street, French shares began the week with another weak performance on Monday, with banking shares leading the decline.

The Paris Bourse's CAC blue-chip index ended the day off by 3.96 per cent, at 3,067.35, with declining issues outnumbering winners by about 12 to 1.

Indonesian stocks drop by 6.3 per cent

Indonesian stocks drop by 6.3 per centJakarta - Indonesian stock

European shares open sharply down

Frankfurt  - European shares opened sharply down Monday after a steep fall in stocks across Asia signalled another tumultuous week on global bourses.

After a wave of panic selling in Asia's stock markets, Europe's blue-chip Stoxx 50 slumped by 5.9 per cent in early trading to 1,994 points as recession fears deepen.

This came in the wake of big falls in opening trade across Europe's national bourses with London sliding more than 5 per cent, Paris' CAC 40 index cascading down by nearly 6 per cent and Frankfurt's key DAX dropping by 5 per cent.

London stock market plunges on opening

London - The Financial Times Share Index opened 100 points down at 3,883.36 points in London Monday, taking its lead from sharp falls on Asian markets.

Sensex plunges below 8,000 mark for first time in three years

Sensex plunges below 8,000 mark for first time in three yearsMumbai, Oct 27: Indian stock markets crashed on Monday, with the benchmark Sensex plunging below the psychological 8,000 level in afternoon trading.

Tracking weak global trend, the benchmark Sensex lost over 750 points to hit an over three-year low of 7,939 in afternoon trade on fresh selling by funds.

At 12:52 p. m., the 30-share index, which fell by nearly 2,000 points in the past three sessions, slid by another 762.05 points or 8.76 percent at 7,939.02, a level last seen on November 2, 2005.

Asian markets start week with further plunge

Tokyo - Asian markets plummeted to new lows Monday, with Japan's key Nikkei index leading the plunge, as investors across the region stepped up panic-selling on concerns that tumbling share values would drag economies into recession.

Stocks in Tokyo nosedived, as the benchmark Nikkei 225 tumbled 486.18 points, or 6.36 per cent, to close at 7,162.9, the lowest level in 26 years. The market crisis has shaved off half the value off the Nikkei this year.

The broader Topix index of all first-section issues also lost 59.65 points, or 7.4 per cent, to 746.46.

The Bank of Japan injected 600 billion yen (6.37 billion dollars) into the money markets Monday to ease a credit crunch as stocks prices plunged.

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