GLOBAL EQUITY MARKET OF 19th March 2021
Asian markets tumbled on Friday as investors appeared to be jolted by several issues, from the continued prospect of rising inflation to a volatile US-China meeting and stubborn coronavirus flare-ups in Europe.
In Asia, The SGX Nifty surged 1.04%, Jakarta Composites jumped 0.13% while the shanghai composites fell 1.69%,the hang seng lost 1.41%, the Nikkei 225 plunged 1.41%,Taiwan weighted declined 1.34%, Kospi fell 0.86%.
European markets pulled back slightly on Friday after a spike in bond yields reignited concerns about stock valuations and prompted a sell-off on Wall Street.
In Europe, the DAX fell 0.32%, CAC plunged 0.34%, FTSE lost 0.60%.
