Asian Stocks Lose $5 Trillion So Far This Year With No End In Sight

Asia’s main equity gauge has finally succumbed, entering a bear market overnight. The region’s equities have already lost more than $4.9 trillion in value this year, and Thursday isn’t looking pretty. The MSCI Asia Pacific Index fell 2.1 percent. Japan’s Topix index plunged 2.9 percent, heading for its lowest close since September 2017, while the Nikkei 225 Stock Average lost 3.5 percent.
The Kospi 100 Index’s 2.6 percent slide took the South Korean gauge into bear-market territory after data showed the economy grew less than projected in the third quarter. Chinese markets also tanked. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961