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Reply #32: Asian stocks tumble after heavy sell-off on Wall Street [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 07:08 AM
Response to Reply #24
32. Asian stocks tumble after heavy sell-off on Wall Street
http://www.bbc.co.uk/news/business-14414669

Asian stock markets have slumped on Friday, extending a global equity sell-off after Wall Street had its worst day in more than two years.

Japan's main index fell 3.7%, South Korea's also lost 3.7%, Australia's dipped 4% and Hong Kong's shed 4.6%.

European markets continued the sell-off, with the UK's benchmark FTSE 100 index and Germany's Dax index both down by about 2.5% in early trade.

Analysts warned that global markets could remain volatile in coming weeks.

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