Asia Markets And Europe Open 10/27/2008 Drop Continues

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Markets in Asia fell.

The Nikkei dropped 6.4% to 7,163.Mitsubishi UFJ Financial fell on news it may need to raise money. Toyota (TM) also fell sharply.

The Hang Seng fell 8.9% to 11,499. China Life (CHL) and HSBC (HBC) both dropped.

The Shanghai Composite was off 6.3% to 1,724.

In Europe, all major indexes fell at the open.

Data from Reuters

Douglas A. McIntyre