yatheendradas c.k.
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GLOBAL MARKETS TREND

Yatheendradas C.k. at 01:17 PM - Aug 24, 2015 ( ) Views: 417

Asian investors made a stampede for the exit on Monday, with stock markets crashing to multi-year lows, as fears surrounding the health of China's economy multiplied  China's benchmark Shanghai Composite index fell 8.5 percent to finish at a five-month low. In Hong Kong, the Hang Seng index followed its mainland peers lower, down nearly 5 percent. Japan's Nikkei skids 4.6% index finished at its lowest closing level since February 23, The Topix index suffered a 5.9 percent drop

European shares slump as Chinese losses rattle markets.The main London stock market index, the FTSE 100, is down by 2.94% in early trade on Monday.Meanwhile major markets in France and Germany have also opened down by more than 3%.

The stock markets in Asia were hit overnight, with the Shanghai Composite in China closing down 8.5%, its worst close since 2007.The sell-off continued despite the Chinese authorities' latest attempts to reassure investors.

 

U.S. stock futures dropped in early trade late  S&P -43.25 -2.18%, NASDAQ 148.50 -3.54 % AND DOW 385.00 -2.34%


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