Roller-coaster 2018 for Asian markets

The Bombay Stock Exchange building in Mumbai. While Asian markets ended the year in the red, India managed to eke out a small gain. Shanghai was the worst performing major stock market in the world, at nearly 25 per cent below where it started the ye
BEST: The Bombay Stock Exchange building in Mumbai. While Asian markets ended the year in the red, India managed to eke out a small gain. PHOTO: REUTERS
The Bombay Stock Exchange building in Mumbai. While Asian markets ended the year in the red, India managed to eke out a small gain. Shanghai was the worst performing major stock market in the world, at nearly 25 per cent below where it started the ye
WORST: Shanghai was the worst performing major stock market in the world, at nearly 25 per cent below where it started the year.PHOTO: AGENCE FRANCE-PRESSE

$7.7 trillion of equity value in region wiped out, with more uncertainty set to dog 2019

The year 2018 is ending on a sour note for most stock markets across Asia, despite the Hail Mary pass by Wall Street on Boxing Day.

The Dow Jones Industrial Average's rally of 1,086.25 points on Dec 26 is its largest single-day point gain in history, but it was not enough.

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A version of this article appeared in the print edition of The Straits Times on December 31, 2018, with the headline 'Roller-coaster 2018 for Asian markets'. Print Edition | Subscribe