Japan’s major index, the Nikkei 225, has lost $250bn US in equity value in a single day, it’s biggest decline since 1987.  The $250bn represents 9.4% of the total value.  The global credit crunch has prompted massive sell-offs world wide, causing most major indices to decline significantly in value.
On the home front, the JSE lost [...]

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The London Stock Exchange (LSE) closed for trading this morning.  Since our local Johannesburg Stock Exchange (JSE) is linked to it, it was also closed for trading, but has now been reopened.  It has been quite a while since there has been downtime this long.  No details have been released as to where exactly the [...]

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