Stock Markets

Financials drop most at Dutch AEX index

Amsterdam  - For the second week in a row, the main index of the Amsterdam stock exchange AEX dropped dramatically on Monday morning. By 10:42 am (0842 GMT) the index had lost 5.83 per cent and stood at 323.97 points, with some analysts speaking of a "blood bath."

There was no stock posting any gains in the morning, with Financial firms losing out most.

Leading the list of companies who saw their stock value drop was insurer Aegon (down 20.37 per cent), followed by bank and insurance company ING Group (down 10.92 per cent).

There was no trade in shares of Fortis NV. On Friday, the Dutch government nationalized the Dutch division of the former Belgian- Dutch bank and insurance giant.

Indonesian stocks plunge 10 per cent

Jakarta  - The Indonesian stock market plunged by 10.02 per cent Monday, sparked by falls of regional and international markets as investors feared the US bail-out would fail to resolve the financi

Banks lead fall as Shanghai shares lose 5 per cent

Beijing  - Banks lead fall as Shanghai shares lose 5 per centShares on China's main stock market lost more than 5 per cent of their value on Monday, dragged down by banking stocks, on the first day of trading after the one-week National Day holiday.

The key Shanghai Composite Index, which tracks shares traded in local and foreign currencies, fell by 120.05 points, or 5.23 per cent, to end the day at 2,173.74.

The smaller Shenzhen Component Index also lost about 4.5 per cent of its value on Monday.

Austrian stocks plunge 7.79 per cent in early trading

Austrian stocks plunge 7.79 per cent in early trading

Asian stocks plunge as global financial crisis spreads to Europe

Tokyo  - Asian stocks plunge as global financial crisis spreads to EuropeAsian stocks nosedived throughout the region Monday as investors feared the US bail-out would fall far short of resolving the financial crisis that has also spread to Europe.

Stocks in Tokyo plunged to their lowest levels in five years on worries about the deepening global crisis despite the US Congress' approval of a 700-billion-dollar Wall Street bail-out.

London markets sharply down after German move

London  - London markets sharply down after German move

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