Bush ultimatum to Iraq heightens share market worries


  • Business Premium
  • Tuesday, 11 Mar 2003

THE prospect of imminent war against Iraq continued to be the dominant factor affecting share market sentiment yesterday, sending Asian bourses tumbling further.  

Markets across the region finished in the red, with the generally thin trading volumes reflecting investors' worries and unwillingness to plough more money into equities after US President George W. Bush set a March 17 deadline for Iraq to destroy all its weapons of mass destruction.  

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