Manila - Philippine shares dropped 3.42 per cent on Tuesday as investors kept out of the market amid concerns of rising inflation due to skyrocketing prices of fuel and food.
Sydney - Australian stocks plunged at the opening bell Wednesday, the first day of trading since the release of disappointing unemployment figures in the United States.
As oil prices continue to rise, stock markets across the world are finding it difficult to find any support. The recent fall in Indian market has been very quick. Market experts were expecting technical bounce, but the markets lost further ground.
On Monday, Stock markets opened lower and BSE benchmark Sensex dropped below 15,000. Real Estate, Banking and Metal stocks were among worst hit. Real estate major DLF touched its lifetime low in today’s trading session. At 1.30 pm, BSE Sensex was down by 519 points at 15,053.
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