The Hang Seng dropped just under 1% with the Industrial and Com bank and the Bank of
Communications being their biggest losers at 4.91 and 4.69 respectively.
Europe has also snapped their gains this week with the FTSEurofirst 300 down 1.3% with mining shares
down 3.2% and banks down 2.5% due to concerns of the economic environment.
The ugly numbers from Asian have hit the commodity market with crude slammed to 82.31 an almost
3% loss, natural gas, gold and silver also taking the hit.
Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market.
Comments can be directed to ryghcw19@uww.edu