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MONDAY, NOVEMBER 23, 2009
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Asian Markets Plunge Again

Key indexes down across board amid continuing recession fears

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(Newser) – Share prices tumbled in Asia again today amid fears of a US recession and a braking global economy, reports MarketWatch. The key Nikkei 225 Stock Average plummeted 10%, the Hang Seng Index dropped 7.6%, and the China Enterprises Index lost 9.9%. The MSCI Asian Pacific Index—set for its biggest drop in history—plunged 7.8%, and Australia's S&P/ASX 200 index slid 6.9%.

"We're having a U-turn in perception,'' said a top analyst. "While remedial measures taken globally have been sufficient to arrest the financial crisis, concerns have quickly shifted to the economy."

Pedestrians walk beside an electric stock market board in Tokyo Thursday. The benchmark Nikkei 225 stock average dropped 985.95 points.
Pedestrians walk beside an electric stock market board in Tokyo Thursday. The benchmark Nikkei 225 stock average dropped 985.95 points.   (AP Photo/Katsumi Kasahara)
An investor reacts as he watches display showing stock prices at a brokerage firm in Hong Kong.
An investor reacts as he watches display showing stock prices at a brokerage firm in Hong Kong.   (AP Photo/Vincent Yu)
A pedestrian walks under an electric market board in Tokyo, Thursday. The key Nikkei Index was down 10%.
A pedestrian walks under an electric market board in Tokyo, Thursday. The key Nikkei Index was down 10%.   (AP Photo/Katsumi Kasahara)
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Nikkei tumbles 9.6%
Guardian (UK)

Nikkei down more than 10%
BusinessWeek


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Shanghai Composite Index • recession • Asian markets • Nikkei 225 Stock Average • financial crisis • Hang Seng Index • Hang Seng China Enterprises Index • S&P/ASX 200

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