At least 5 International indexes reached a 52-week low today, which indicates investor concerns over weakening growth and uncertainty regarding the global economy. As a result of Friday’s trading, Singapore’s Straits Times index ended 2% lower, Taiwan’s Taiex ended 1.6% lower, Indonesia’s JSX Composite lost 2.5%, Hong Kong’s Hang Seng Index dropped 2.2%, and China’s Shanghai Composite ended 3.3% for the week. Additionally, Japan’s Nikkei 225 Average ended down 2.8%, South Korea’s Kospi fell 1.6%, New Zealand’s NZX 50 index lost 0.4%, India’s Sensex ended 2.8% lower, and Australia’s S&P/ASX 200 lost 2.1% for the week.
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