The sharp fall in the equity market this week has caused anxiety to many investors.The events that triggered the downturn globally are explained in this article so thatinvestors can have a more informed view of the situation.
Feb 27, 2007 must be one of those rare days in the past two decades when markets perform a sort of spectacular “bungee plunge”. This time it happened in China when the market plunged almost 8.9%, rebounded 3% on Wednesday and fell again by 2.6% on Thursday. It closed yesterday up 34.34 points or +1.23%.
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