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As all i can see all world stock index fall like a rock rolling down on the hill, the power getting bigger and bigger....
These all began from last Thursday, US market Dow Jones, Nasdaq start giving the signal about the bad debt of American Bank more than 10billion US dollar. Moreover, the oil price also stop bullish action while the economic become worse and worse. Until this week, All market, like India, Belgium, Australia, Japan, China, Hong Kong, Brazil, and so on all drop like hell.... Japan's Nikkei index plunged below 13,000 for the first time in more than two years, down 4.5% in afternoon trading. South Korea's Korea Composite Stock Price Index fell 90.03 points, or 5.4 percent, to 1,592.63. Australia's benchmark S&P index was down 6 percent. The Singapore stock exchange was down 4.5 percent, and Taiwan's benchmark Taiex was down 6.6%.Trading was halted in Indian markets Tuesday as shares plunged on opening, with the benchmark index falling 9.5 percent. Shares in India's Sensex fell nearly 11 percent -- a four- month low. Europe's main three indices, the FT-100 in London, the CAC 40 in Paris and the DAX in Frankfurt fell between 5 and 7 percent on Monday. "I think a lot of people had been hoping that when the new year started that we would find that the U.S. housing market's problems were largely isolated to that market," said Royal Bank of Scotland's Kit Jukes. By only the 14th trading day of 2008, shares in Europe's main markets are now down between 12 to 15 percent on the year. During the market gyrations of 2007, sharp falls were often followed by sharp rises. There is no evidence of that yet in 2008. From the looks of this, US and all world market will continue of the fall... Hope, everyone safe in these drive ![]() ______________________________________________ --> A penny a day, make life happy always |
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