Stock Markets

Taiwan stocks slump 4.5 per cent on US mortgage exposure woes

Taipei - Taiwan stocks slumped 4.5 per cent Tuesday to hit their lowest level in 52 weeks, weighed down by Wall Street's overnight fall and the local financial sector's exposure to troubled US mor

BSE Sensex Closes At 13,330.51, Down 139 Pts

Indian stock markets ended negatively amid volatility.

Nikkei hits three-month low over credit concerns

Nikkei hits three-month low over credit concernsTokyo  -

US financial shares drop most in eight years over bank failures

New York - US stocks fell Monday, sending financial shares plummeting to their biggest drop in eight years, spurred by regional bank failures. 

JGB futures fall on Nikkei, Treasuries

On Monday, the Japanese government bond futures saw a fall, which led to its thinning further from a two month high. After the US government put forward the decision to support the mortgage lenders, the Tokyo shares rose and Treasuries fell.

The troubled mortgage giants Fannie Mae and Freddie Mac on Sunday were offered help by the U.S. Treasury and Federal Reserve when the latter two offered its emergency cash to the former two. The U.S. Treasury and Federal Reserve said that to build the investors confidence, they will buy shares in the companies.

Stock Markets trading flat on Monday

Indian stock markets opened flat on Monday and NSE Nifty touched an intraday high of 4072 till 11.30 am. NSE Nifty touched an intraday low of 4004. At 11.40 am, stock markets were trading flat.

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