Stock Markets

London stock market in retreat as "reality" returns

London Stock MarketLondon - The London stock market retreated Wednesday after tw

Sensex closes below 11k on recession fears

Sensex closes below 11k on recession fearsMumbai, Oct 15 : Equities plunged on Wednesday as sentiments turned bearish after global markets declined on recessionary concerns.

All the sectoral indices closed in the red led by losses in capital goods and metals stocks.

Bombay Stock Exchange’s Sensex closed at 10,809.12, down 674.28 points. It touched an intra-day low of 10,760.33 and a high of 11,257.15.

National Stock Exchange’s Nifty ended at 3338.40, down 5.12 per cent or 180.25 points. The broader index touched a low of 3,324.55 and a high of 3,518.50.

Hong Kong shares slump 5 per cent as rebound fizzles out

Hong Kong - Hong Kong shares fell by almost 5 per cent Wednesday as a rebound triggered by optimism over the global bank bail-outs began to fizzle out.

The Hang Seng Index lost 834.58 points, or 4.96 per cent, to end the day back below the 16,000 barrier at 15,998.3. Turnover was 52 billion Hong Kong dollars (6.7 billion US dollars).

The heavy losses ended two consecutive days of gains on the blue-chip index which rallied by 3 per cent Tuesday and more than 10 per cent Monday.

Analysts warned ahead of Wednesday's losses that the apparently bright start to the week amounted to a technical rebound only and that a prolonged rally was unlikely.

Negative mood persists on Amsterdam AEX, shares drop 3.7 per cent

Amsterdam - The negative mood on the Amsterdam stock exchange persisted on Wednesday. By 13:30 pm (1130 GMT) the main index AEX stood at 273.97 points (down 3.70 per cent).

Hong Kong shares slump 5 per cent as rebound fizzles out

Hong Kong - Hong Kong shares fell by almost 5 per cent Wednesday as a rebound triggered by optimism over the global bank bail-outs began to fizzle out.

The Hang Seng Index lost 834.58 points, or 4.96 per cent, to end the day back below the 16,000 barrier at 15,998.3. Turnover was 52 billion Hong Kong dollars (6.7 billion US dollars).

The heavy losses ended two consecutive days of gains on the blue-chip index which rallied by 3 per cent Tuesday and more than 10 per cent Monday.

Analysts warned ahead of Wednesday's losses that the apparently bright start to the week amounted to a technical rebound only and that a prolonged rally was unlikely.

Shares fall 2 per cent in Seoul

Shares fall 2 per cent in SeoulSeoul - Shares were down sharply Wedne

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