Stock prices fall through floor after Wall Street sell-off

216
1
Stock prices fall through floor after Wall Street sell-off

SYDNEY, NSW, Australia- stock prices in Asia fell through the floor on Friday after a major sell-off on Wall Street overnight.

In Japan, where the yen is now trading at 20 year lows, the Nikkei 225 fell 447.80 points or 1.63 percent to 27,105. 26.

The Australian All Ordinaries fell by 118.90 points or 1.51 percent to 7,768. 20.

In New Zealand, the S&P NZX 50 fell 45.60 points or 0.38 percent to 11,908. 40.

The Shanghai Composite was steady, moving up 7.11 points or 0.23 percent to close Friday at 3,086. 92.

The euro fell to 1.0835 on foreign exchange markets around the Sydney close Friday. The British pound fell to 1.2973. The Japanese yen was up to 127.95. The Swiss franc fell to 0.9540.

The Canadian dollar was little changed at 1.2617. The Australian dollar fell to 0.7322. The New Zealand dollar fell to 0.6688.

The Nasdaq Composite fell 278.41 points or 2.07 percent to 13,174 over the night on Wall Street. 65.

The Dow Jones fell 368.03 points or 1.05 percent to 34,792. 76.

The Standard and Poor's 500 slid 65.79 points or 1.48 percent to 4,373. 66.