As markets recommenced activity on the first Monday of 2016 it was a dramatic day for the Chinese CSI300 as a huge drop in the share index triggered an automatic “circuit breaker”, halting trading with immediate effect.
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One fan came dressed in a Superman baby diaper with a jersey that read “Chosen Newton”, the name of the quarterback’s newborn son. Television didn’t show the replay. _The stadium PA played the Star Wars theme after a tackle by Luke Kuechly.
In reaction to Shanghai and Shenzhen’s sudden suspension, the London’s FTSE 100 had fallen by 2% only minutes after opening.
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On 2nd and 8, Palmer hit John Brown for 13 yards putting him over 1000 receiving for the season for the first time in his career. For now, sit back and enjoy watching the Pack and Vikes beat up on each other, and make your viewing plans for next Sunday.
Trading in Chinese stocks was halted on Monday following a plunge in share prices.
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He also has generated more shots in the AHL this season, averaging 2.64 shots per game, while Panik has averaged 2.0. The reason why this trade benefits neither team is because Panik and Morin are basically interchangeable as players.
Even with the early close, the percentage decline on the CSI 300 was the 14th largest on record.
A man stands next to a stock quotation board displaying Japan’s Nikkei average in Tokyo, December 30, 2015.
The UK’s blue-chip index was down to 6,106 by 11.40am as a new system in China, introduced to curb volatility after last August’s Black Monday sell-off, led trading to be initially halted for 15 minutes after the stockmarket fell by 5%.
Investors dumped stocks ahead of the imminent expiration of a share sales ban on listed companies’ major shareholders, which had been imposed during the market crash last summer. For 2015, the Dow registered a loss of 2.2 percent, marking the first down year for the Dow since 2008. Onshore, the yuan hit its lowest since April 2011, at 6.5166. South Korea’s Kospi closed 2.2 percent lower at 1,918.76.
“(Equity) investors are not going to like the start of this year, particularly when you have news that trading was halted in China due to a market sell-off”, said Naeem Aslam, chief market analyst at AvaTrade.
Empty Champagne glasses are placed on the cubicles of stock traders following the ceremonial ringing-of-the-bell to usher the start of the trading for the New Year at the Philippine Stock Exchange in the financial district of…
Adding to these worries on Monday are geopolitical tensions in the Middle East. Saudi Arabia said Sunday it is severing diplomatic relations with Iran, a development that could potentially threaten oil supply. The Nasdaq composite gave up 140 points, or 2.8 percent, to 4,867.
Traders respond more directly to government cues and the availability of credit.
In currencies, the dollar weakened to 119.24 yen from 120.26 yen.
Gold jumped almost 1 per cent to $1,069.20 per ounce. The euro fell to $1.0809 from $1.0858.
The device was envisioned as a fail-safe that would give panicking investors an opportunity to rethink their investment decisions, but the threshold for an early market close is signficantly higher: a 20 percent fall.
The jitters extended to Europe and were expected to push US markets lower upon their open.
A reading below 50 suggests a contraction in the sector, while anything above 50 suggests growth. And we are likely to see another month of contraction.
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“This is quite unexpected”, said Gu Yongtao, strategist at Cinda Securities.
