volume 60, issue 10, P52-61 2016
DOI: 10.20542/0131-2227-2016-60-10-52-61
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Abstract: The Closure of the Stock Exchange of Hong Kong 1 O n Monday, 19 October 1987, following three successive days' decline on the New York stock market, which was a 10.5% fall in the Dow Jones Industrial Average, the Hong Kong stock market fell by about 11.1% on a turnover of $4,176 million. In Japan, the Nikkei fell by 2.4%, while in London, the Financial Times 30 fell by 10.1%, in Australia, the All Ordinaries Index fell by 3.7% and in New York, the Dow Jones fell by 22.6%, its largest ever percentage one day fa…

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