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Showing posts with label nikkei. Show all posts
Showing posts with label nikkei. Show all posts

Friday, October 31, 2008

Japanese Markets Posts Biggest Fall Ever

The benchmark ended the month of October down 24 percent, its biggest monthly fall in its 58-year history as fears over a global recession battered investor willingness to take on riskier assets.

Market players also said short-term profit taking was inevitable after the Nikkei gained nearly 30 percent in the three-day rally to Thursday..

Read more Nikkei drops 5 pct, posts biggest monthly fall ever


Source: The Guardian