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Asia and Europe markets fall
- Monday, October 06 - 2008 at 13:24
Stock markets in Europe and Asia were sharply lower on Monday as traders focus on Europe's growing financial crisis, reported CNN. The most influential European markets - London's FTSE 100, the CAC 40 in Paris and the XETRA DAX in Frankfurt - were off about 2 to 5 percent in the first few hours of the trading day. Japan's Nikkei Exchange closed down 465.05 points, or 4.25%, at 10,473.09 on Monday, extending Friday's three-year low. The Korea Exchange in Seoul, South Korea finished the day off 4.3%. The Australian Securities Exchange plunged about 3.4% to 4,544.70, and Hong Kong's Hang Seng was off 4.7% of its value, falling to 16,853.85.
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Jeff Florian, Senior ReporterMonday, October 06 - 2008 at 13:24 UAE local time (GMT+4)
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