In recent times everyone is pressured with the change in world markets, fall of all sensex markets. Japan’s Nikkei index closed 589.98 points or 7.7 percent, higher at 8,211.90 in the wake of the Dow Jones’ loss of 889 points or 11% percent on Tuesday, October 28, 2008.
Europe’s stock markets opened mostly higher on Wednesday, October 29, 2008 and there was gain in Asia investors awaited possible interest rate cuts from central bank in US and Japan. On Tuesday, October, 27 2008, the Hong Kong’s market dropped by 12.7% and Nikkei index recorded a 26-year low. On Wednesday, October 29, 2008 the market slightly recovered from the earlier bad run.
Hong Kong’s Hang Seng Index, went up nearly 5 percent in early trading, ordered its gain to just 0.9 percent in volatile trade after spectacular 14.4 percent rise the day before. Oil prices have also risen on the back of the jump back in global stock markets. Before two days, there was huge loss of investor’s money and prices were increased, value of currency is also dropped.
Europe’s stock markets opened mostly higher on Wednesday, October 29, 2008 and there was gain in Asia investors awaited possible interest rate cuts from central bank in US and Japan. On Tuesday, October, 27 2008, the Hong Kong’s market dropped by 12.7% and Nikkei index recorded a 26-year low. On Wednesday, October 29, 2008 the market slightly recovered from the earlier bad run.
Hong Kong’s Hang Seng Index, went up nearly 5 percent in early trading, ordered its gain to just 0.9 percent in volatile trade after spectacular 14.4 percent rise the day before. Oil prices have also risen on the back of the jump back in global stock markets. Before two days, there was huge loss of investor’s money and prices were increased, value of currency is also dropped.
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