Japan's Nikkei stock average fell 9.6 percent on Friday for its biggest one-day percentage loss since the 1987 stock market crash on growing fear the financial crisis will spark a global recession.The Nikkei, which has fallen for seven straight days, lost 24 percent on the week, more than twice what it lost the week of the 1987 stock market crash.
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1 comment:
This is not only in Japan, this phenomina is worldwide. Whether it is australia, Newyork or India the same thing is happening. Yes almost all stock exchanges does not show up tendency, just fall and rise. Sometimes a slight rise and a heavy fall. Let us wait and see. Anyway investors must be more vigilent to play with their hardearned money.Stocks
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