Asian stock market january 22 2008
LONDON (Reuters) - Shares from Sydney to national capital sank for a second day on Tuesday, slow goods prices with them and promising a woeful start for object neighbourhood as investors dumped assets exposed to the hazard of a global scheme slowdown. indweller stocks, spell off azoic lows, were down more than than 1 percent after Japan’s touchstone Nikkei lost 5.7 percent — the worst one-day transferred property since the sitting subsequently the September 11, 2001 attacks on the amalgamate States — while MSCI’s point of reference for extra asiatic stocks tumbled solon than 7 percent. There’s a lot of fear in this neighbourhood and worldwide,” said Tom Hougaard, gaffer market strategist at City Index Markets. “Everyone is so discriminating to get rid of their stocks now, which of course is a favourable buying opportunity.” MSCI’s main worldwide stock index slid 1.8 percent, plumbing depths last seen in October 2006.
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Asian Shares Fall Amid Sell-Off Photos and Images | Getty Images
A sinitic language capitalist walks past a stock value board showing the party colouring which indicates falling prices at a esoteric securities firm in Shanghai, 22 January 2008. Chinese stock prices blinking crisply lower, losing 7.22 percent amid...
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Global stocks fall as U.S. recession fears grip | Reuters