Asian Stock Exchanges [stocksmarketarticles]

Asian Stock Exchanges [stocksmarketarticles]

Sep. 16, 2008. LONDON (Reuters) - Investors dumped equities and oil as the financial meltdown spread on Tuesday, a day after Lehman Brothers collapsed, driving the yen and government bonds higher and unleashing a panic rush to secure short-term cash. A day after Lehman filed for bankruptcy protection and Bank of America (BAC.N: Quote, Profile, Research, Stock Buzz) agreed to buy Merrill Lynch (MER.N: Quote, Profile, Research, Stock Buzz), concerns about the global financial system deepened as fears grew American International Group (AIG.N: Quote, Profile, Research, Stock Buzz) could be the next financial giant to tumble. Third-quarter earnings results from Goldman Sachs (GS.N: Quote, Profile, Research, Stock Buzz) and an interest rate decision from the Federal Reserve top the day's agenda with a panic scramble in the interbank money market threatening to trigger a fresh liquidity crunch. The cost of borrowing dollars overnight rose to 10 percent five times the benchmark Fed rate of 2 percent. Interest rate futures were pricing in a more than 90 percent chance the Fed would cut rates to 1.75 percent later. Asian and European central banks flooded money markets with cash as they sought to prevent the upheaval on Wall Street from clogging the pipes of the global financial system. "There's a smell of cordite in the air. It's like the day after the explosion. People are still extremely nervous. They're wondering what happens next," said Justin Urquhart Stewart, investment ...

stocksmarketarticles.blogspot.com Lehman Brothers Collapse. Asian Stock Market Reaction Sep 16

SINGAPORE â€" Asian stock markets rose Tuesday amid expectations policymakers will implement stimulus measures to help spur weak global growth. Japan's Nikkei 225 index rose 0.6 percent to 9055.47 and South Korea's Kospi gained 1 percent to 1869.75 ... Asian stocks rise on hopes for stimulus measures

Tokyo Stock Exchange is one of the major exchanges in Asia, and is the second largest stock exchange in the world by aggregate market capitalization of its listed companies. Members of the Tokyo Stock Exchange include Allied Telesis, Banc of America Securities, Barclays Capital, Bear Stearns, BNP Paribas, Century Securities, Credit Suisse First Boston, Daiwa Securities, Dresdner Kleinwort, and more.

Osaka Securities Exchange is the second biggest securities exchange in Japan, in terms of amount of business handled. The Exchange provides markets for equities, stock index futures, stock index options, security options contracts, listing and administration of listed products, administration of transaction participants, and more.

Bombay Stock Exchange in India is the oldest stock exchange in Asia. It was established as "The Native Share & Stock Brokers' Association" in 1875.

The equity market capitalization of the companies listed on the Exchange was US$ 1.78 trillion in August 2010, making it the fourth largest among the list of stock exchanges in Asia.

Hong Kong Exchanges and Clearing (HKEx) is one of the global largest exchange owners based on the market capitalization of its shares. It offers a wide variety of securities and derivatives such as shares, futures, options, Exchange Traded Funds, and other structured products.

Karachi Stock Exchange in Pakistan is the largest and oldest stock exchange in the country, located in Karachi, Sindh. On 26 December 2007, the KSE 100 Index reached its highest value ever and closed at 14,814.85 points.

The Exchange employs the best available human resource and employees from the capital market and financial industry.

Please visit the relevant guide for more related information on top investment firms and best stock brokers list.

 

Related Asian Stock Exchanges Articles

Question by Rohan de Silva: How does a US stock market crash makes Asian stock markets also to Crash? I am totally confused. I just read on CNN that Asian stock markets are falling due to slump of major US stocks. This is due to CNN says: in the wake of investment bank Lehman Brothers' bankruptcy, Merrill Lynch's sale to Bank of America, and the U.S. government announcing an $ 85 billion plan to bail out insurance giant American International Group (AIG). http://edition.cnn.com/2008/BUSINESS/09/18/world.markets/index.html My question is HOW ON EARTH IS THIS POSSIBLE? What is the connection between the US stock market and Asian stock markets? Best answer for How does a US stock market crash makes Asian stock markets also to Crash?:

Answer by wwpetcemetery
Some of the Asian banks have investments in the U.S. banks and since their values are dropping so do the Asian markets...btw all the markets are hurting right now..even the Russian exchange.

Answer by THE hottest band in the world!
Many commodities are priced in US dollars. As Wall Street plummets, the value of the US Dollar also tumbles. Nervous investors see what is happening in America, and sell-up to cash in their assets, contributing to the crisis. The U.S.A also has interests in Asia, and vice-versa.

Answer by Vince Z
Who do you think owns and runs the majority of asian assets and companies? We do we also own the majority of the world and run almost all the major businesses world wide whether directly or indirectly or through the companies stock. The world now functions on a global scale like never before. What impacts one country now impacts the entire world. Asia gets hurt more because its developing and relies almost entirely on the United States for exports, currency, investment and other things that we posses. What happens to one country now impacts the entire world like never before because of globalization and we all depend on one another to exist. Just like the collapse of japanese stocks would have a massive impact on US stocks. If you'd like to learn more I highly advise you read up on the subject in the World Is Flat by Thomas L. Friedman.

Answer by Dictshiro
The third answer can explain some. But I'd like to add something. This Asian stocks downturn is different from others. The people who selling doesn't consider selling because of fundamentally reasons. It started with big firms in USA needed a lot of money to fix their balance sheet which was bombarded by CDO and Lehman's debts. And that make other firms sell on the flow. When those firms have enough money they want, they might stop selling. Unless there're other big bankruptcy from USA again.

Answer by Donald
I don’t see how a collapse in the Singapore, Malaysian or even Indian stock market could affect the US stock market or economy. That is because we don’t depend on Asians. But the other way is of course true. Since the whole world depends on USA for technology, everything financial and everything else you can think of, if we crumble so will you.

Answer by Dusko B
it is possible because of connections of transferring the money through the planet. US market has big possibilities and investing in shares are planetary,

[asian stock markets index]