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Make Money Blog $ - Monexnews - The collapse of Asian stockindexes at the beginning of this week primarily driven by Wall Stslump. due to the European market continues to worry about the deteriorating conditions.
And the good news penguduran plans themselves high officials of the European Central Bank, also adding to the burden of negativesentiment for the market. Previously the market too pessimistic about the ability of President Obama's stimulus proposal that couldrevive the flagging U.S. economy, so that this condition adds to the negative sentiment in the market and triggered a massive selloff
Hong Kong's stock index, the Hang Seng ended at 4:21 percentcap dropped on Monday mainly dragged down by HSBC HoldingsPlc plummeted to its lowest level since July 2009 due to concernsregarding the cost of banking reform in the UK.
The main Hang Seng Index dropped 836.09 points to closed at19,030.54 level, broken below the support trend line connecting theintraday low during the last month and opened the way to retestlows August 9 at 18,868.1. (Dar)
source: monexnews.com
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And the good news penguduran plans themselves high officials of the European Central Bank, also adding to the burden of negativesentiment for the market. Previously the market too pessimistic about the ability of President Obama's stimulus proposal that couldrevive the flagging U.S. economy, so that this condition adds to the negative sentiment in the market and triggered a massive selloff
Hong Kong's stock index, the Hang Seng ended at 4:21 percentcap dropped on Monday mainly dragged down by HSBC HoldingsPlc plummeted to its lowest level since July 2009 due to concernsregarding the cost of banking reform in the UK.
The main Hang Seng Index dropped 836.09 points to closed at19,030.54 level, broken below the support trend line connecting theintraday low during the last month and opened the way to retestlows August 9 at 18,868.1. (Dar)
source: monexnews.com
please give me comments thanks
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