Fear of war causes crash in world stock.markets

@msdivkar (23356)
India
January 6, 2020 3:16am CST
Fear of war between America and Iran has caused the crash in world stock market upto 2%. Sensex and Nifty of Bombay stock exchange and National stock exchange of India fell by almost 2%, 800 and 240 points respectively. FTSE of U.K by 1%, DAX of Germany by 1.8% and CAC of France by 1.26%. Fear of war always sends shiver in the stock markets. Anybody in mylot having large exposure in stock markets?
5 people like this
7 responses
Alex Socorro
@Alexandoy (65302)
• Cainta, Philippines
6 Jan 20
Our stock shares is local only.
1 person likes this
hereandthere
@hereandthere (45628)
• Philippines
6 Jan 20
what ph companies do you have stocks in, if you don't mind sharing?
Alex Socorro
@Alexandoy (65302)
• Cainta, Philippines
6 Jan 20
@hereandthere it's not mine actually but my wife's waheehee.
1 person likes this
msdivkar
@msdivkar (23356)
• India
6 Jan 20
They will be affected soon if this war thing lingers for more time.
Mrki Krki
@mrki444 (15162)
• Croatia (Hrvatska)
6 Jan 20
And fuel price is going up.
1 person likes this
msdivkar
@msdivkar (23356)
• India
6 Jan 20
Ya the crude has already touched $70 per barrel from some where near $62.
1 person likes this
msdivkar
@msdivkar (23356)
• India
6 Jan 20
@myklj999 Crude prices have shot up from $62 per barrel to $70 per barrel. Local prices are governed by the government at least in India so they are steady for the moment may shoot up soon.
1 person likes this
Mrki Krki
@mrki444 (15162)
• Croatia (Hrvatska)
6 Jan 20
@myklj999 In Croatia jump for few cents. New higher prices we except in Thursday.
ShannyBananny
@shaggin (74987)
• United States
7 Jan 20
Money is to precious to me to waste so I do not use the stock market at all.
Alfredo Rossi
@amadeo (111937)
• United States
6 Jan 20
Yes The US is waiting some kind of response from them.
1 person likes this
msdivkar
@msdivkar (23356)
• India
6 Jan 20
I think they responded by hitting near American embassy and at troops in Iraq. I don't think it is going to die down soon.
Alfredo Rossi
@amadeo (111937)
• United States
6 Jan 20
@msdivkar no not sure what is going to happen there.
Pinay Ako
@AkoPinay (11496)
• Philippines
7 Jan 20
I am not good in this topic. But sad about killings/wars.
Arya
@yoalldudes (35028)
• Philippines
6 Jan 20
I see that is the reason the stocks are going down and I dont understand because it is suppoesed to be going up as because of January effect. Thank you for letting me know. I was so lost before this.
1 person likes this
msdivkar
@msdivkar (23356)
• India
6 Jan 20
Don't panic with your stock see how American stock markets behave today and decide tomorrow but don't hold it for long.
Arya
@yoalldudes (35028)
• Philippines
9 Jan 20
@msdivkar Yes, I will execute my strategy.
Valerie J. Routhieaux
@just4him (323168)
• Green Bay, Wisconsin
6 Jan 20
I'm not surprised. I don't have any stocks in the Stock Market.