Stock Markets

Austrian stocks tumble 8.05 per cent

Austrian stocks tumble 8.05 per centVienna  - Austria's lead stock index ATX dropped by 8.05 per cent Monday amid the global financial turmoil, the second biggest one-day drop in the history of the Vienna stock exchange.

Raiffeisen International Bank-Holding AG lost 13.64 per cent. Traders told Austrian news agency APA that investors sought to reduce positions associated with risks, such as Raiffeisen's involvement in Russia.

India''s sensitive index sheds points on global financial crisis

Bombay Stock Exchange (BSE) Mumbai, Sept 29 : Bombay Stock Exchange (BSE) provisionally fell 3.87 per cent on Monday as a spreading global financial crisis kept investors nervous, with top private sector lender ICICI Bank leading the losses.

During the day''s trading BSE was down more than five per cent, hitting its lowest in one and a half years.

The 30-share index provisionally closed 472.58 points down at 12,629.60, with all but three of its components falling.

The 50-issue National Stock Exchange (NSE) index provisionally lost 2.9 per cent to 3,869.65.

Vietnam stock market falls on new shares, global concerns

Vietnam stock market falls on new shares, global concernsHanoi - The Vietnamese stock market fell slightly Monday as local traders worried that new companies listing next month will dilute share prices and that new foreign investment will not be forthcoming. 

Despite news that the US government and congress had agreed on a bail-out plan for holders of mortgage-backed securities, the VN-Index ended Friday down 0.9 per cent, closing at 479. 

Market volume totaled 18.9 million shares, valued at 742 billion dong (46 million dollars). 

Australian stocks fall on US bail-out blues

Australian stocks fall on US bail-out bluesSydney - Australian stocks shifted into reverse late Monday after getting an initial bounce from the long-awaited US bail-out package. 

The ASX 200 slipped 97 points, or 2 per cent, to close at 4,807. 

Initial enthusiasm evaporated as analysts digested the terms of a package that may cost US taxpayers 700 billion US dollars. The details of the package appeared to sap confidence. 

Thai shares fall 2.86 per cent

Bangkok - Thai shares shed 2.86 per cent of their value on Monday as investors remained uncertain about the global outlook despite the US's proposed 
700-billion-dollar bailout. 

India's Sensex falls 3.4 per cent on global cues

Stock Market Is In Bad MoodNew Delhi  - Indian equities extended their losses from last week as the benchmark Sensex fell more than 3 per cent Monday, tracking weakness in global markets despite an agreement on a 700-billion-dollar bailout plan for US financial institutions.

The 30-share-sensitive index fell below 13,000 and was trading at 12,657.76 at 12:30 pm (0700 GMT), down 444.42 points, or 3.39 per cent.

Similarly, the broader S&P CNX Nifty of the National Stock Exchange was trading at 3,863 for a midday loss of 3.07 per cent.

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