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The 2015–2016 stock market selloff was the period of decline in the value of stock prices globally that occurred between June 2015 to June 2016. It included the 2015–2016 Chinese stock market turbulence, in which the SSE Composite Index fell 43% in just over two months between June 2015 and August 2015, [1] [2] which culminated in the devaluation of the yuan.
Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos ...
As of 30 August, the Chinese government arrested 197 people, including a Wang Xiaolu, a journalist at the "influential financial magazine Caijing", [52] and stock market officials, for "spreading rumours" about the market crash and 2015 Tianjin explosions. The crime of spreading rumours carries a three-year jail sentence after its introduction ...
MSCI China, an index that foreign investors track, has its price-to-book ratio at 2.06, surpassing the 2015 high of 1.81. Raging Chinese stocks revive memories of 2015 crash Skip to main content
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2015 Chinese stock market crash. Stock markets around the world fall as a result of fears about China's economy with the Dow Jones Industrial Average falling by 1000 points at the opening of trading on Wall Street. The Dow Jones Index closes down 588.40 points, or 3.6 percent. (The New York Times), (The Guardian)
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On 24 August 2015, the BSE Sensex crashed by 1,624 points and the NSE fell by 490 points. Finally the indices closed at 25,741 points and the Nifty to 7,809 points. The reason given for this crash was given as a ripple effect due to fears over a slowdown in China, as the Yuan had been devalued two weeks ago leading to a fall in the currency ...