World markets are in strong down trend
9 Oct 08, 11:42am
9 Oct 08, 11:42am
As economic crisis spreads to more regions stock markets across the globe are in a free fall situation. America's premier index Dow Jones Industrial Average lost 16.9% in just two weeks, one of the worst crash in the history of America. London FTSE lost 22.3%, German Index DAX lost 23% in just one month.
Japan's Nikkei lost 28.8 in last 40 days, worst performed market in Asia. In just 4 trading sessions Nikkei lost 19%.
In last one year China's Shangai Index showed the worst performance with 68.88% crash from it's one year high, followed by HangSeng at 51.22%. Both BSE Sensex and NSE Nifty lost almost 45% from it's one year peak.
Dow Jones Industrial Average lost 34.31%, FTSE 35.12%, DAX 37.92%, Nikkei 47.29%, Straits 47.53%, and KOSPI 37.69% lost from it's one year highs.
Japan's Nikkei lost 28.8 in last 40 days, worst performed market in Asia. In just 4 trading sessions Nikkei lost 19%.
In last one year China's Shangai Index showed the worst performance with 68.88% crash from it's one year high, followed by HangSeng at 51.22%. Both BSE Sensex and NSE Nifty lost almost 45% from it's one year peak.
Dow Jones Industrial Average lost 34.31%, FTSE 35.12%, DAX 37.92%, Nikkei 47.29%, Straits 47.53%, and KOSPI 37.69% lost from it's one year highs.