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Asian markets fell sharply on Thursday as the Shanghai, Shenzhen and Tokyo stock indexes all fell by around 4 or 5%. The Shanghai composite has had its worst session since February 2016, according to data from the Wind analysis company. In the Greater China region, the Hang Seng index fell 3%.
In Taiwan, the Taiex technology group fell 6.31% to close at 9,806.11, with shares of the lens maker and Apple's supplier Largan Precision plunging 9.89%. In South Korea, the Kospi continued its general trend, falling by 4.14% to close at 2,136.31.
In Europe, stocks also fell sharply Thursday morning, with the Euro Stoxx 600 index reaching its lowest level in more than 20 months. Technology stocks led the losses, down 3.2%, after a massive sell-off of the same sector on Wall Street on Wednesday.
Fixed income has seen some purchases in a traditional "safe game" for investors. The yield on German government bonds fell six basis points on Thursday morning as yields were inversely proportional to prices. Italian bonds have not followed, however, the political problems in the country still weigh on sentiment.
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