jump to navigation

European markets plunge again; Oktoobar 10, 2008

Posted by spiritualphilantropy in News in English.
trackback

Nikkei plummets European stock markets slumped in early trading Friday following massive sell-offs on Wall Street and Asia as lending rates between banks continue to rise despite this week’s efforts by central banks to break the logjam in credit markets. At mid-morning London time, the FTSE 100 index of leading British shares was down 233.84, or 5.4 percent, at 4,079.96, having fallen below the 4,000 mark earlier for the first time in five years. Germany’s DAX was 383.70, or 7.9 percent, at 4,503.30, and France’s CAC-40 was 209.67, or 6.1 percent lower at 3,233.03. In Vienna, the stock exchange has been suspended until midday after stocks tumbled 10 percent at the opening bell, and in Russia representatives of the MICEX and RTS exchanges said they suspended regular trading until further notice under orders from financial regulators.

Advertisements

Faallooyin»

No comments yet — be the first.

U dhaaf Halcelis

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Beddel )

Twitter picture

You are commenting using your Twitter account. Log Out / Beddel )

Facebook photo

You are commenting using your Facebook account. Log Out / Beddel )

Google+ photo

You are commenting using your Google+ account. Log Out / Beddel )

Connecting to %s

%d bloggers like this: