Friday, October 10, 2008

The Dow Jones continue to take a dive yesterday, especially in the second half of the trading session by falling 678.91 points or 6.3% to close at 8,579.19. Despite the concerted effort by central banks in Europe, China and US to cut interest rates and provided financial aids to ailing finance companies, investors are still not confident that this would help the economic slowdown.

Markets around the world felt the same and plunged at least 6%, lead by the Tokyo Exchange which was suspended after two hours of trading and resumed one and a half hours later. Below are price snapshots of major markets, as at 1.00 p.m. (+8.00GMT).


Quotes snapshot from NV Advisor

N.I.N.E

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