SINGAPORE — Shares in Asia-Pacific fell in Thursday morning trade following an overnight plunge on Wall Street that wiped out the S&P 500′s 2021 gains and left it in negative territory for the year.
In Japan, the Nikkei 225 declined 2.01% in early trade while the Topix index shed 1.81%. South Korea’s Kospi also fell 1.77%.
Shares in Australia fell in morning trade, with the S&P/ASX 200 dropping 2.27%.
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Hi Uncle8888,
ReplyDelete2800 level will be a logical place to start taking bigger bites. 😁
I'm looking for 10%-15% drops in Nasdaq, Mumbai & maybe Shanghai.
But I think STI should drop lesser.
Norway's sovereign wealth fund returned US$123B last year, or roughly 9.5%.
ReplyDeleteLet's see how GIC & Temasek did, when they report in the middle of the year. 😁