Markets plunge, Hong Kong Hang Seng off over 11%

Posted Oct 27th 2008 3:53AM by Douglas McIntyre

Markets plummeted across the global on concerns of credit availability, falling earnings, and job losses.

The Nikkei dropped 6.4% to 7,162. The Hang Seng was off 12.2% to 11.080. The Shanghia Composite was off 6.3% to 1,723.

Data from Reuters.

Douglas A. McIntyre is an editor at 24/7 Wall St.

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Reader Comments (Page 1 of 1)

10-27-2008 @ 4:19AM

ynot said...

Governments manipulating the stock markets and they still fall. Now they want to manipulate currency prices also. You would have to be a jackass to invest now!!! You think you have a winner and then oops, the government changes the rules and now you got a loser. Yes. This will install faith in the markets. NOT.

10-27-2008 @ 4:42AM

andy abraham said...

Do you think we are at the point of capitulation..we have been speaking on the forums of myinvestorsplace.com about this...what is your opinion?

thanks

Andy