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Global shares have dropped sharply for the second day as fears about the eurozone debt crisis intensified.
New York's Dow Jones index was trading more than 3% down, while Frankfurt's Dax and London's FTSE 100 indexes closed almost 3.5% lower.
( http://uk.reuters.com/article/2011/08/04/markets-srilanka-idUKL3E7J43FY20110804 )
However, Reuter reported that United States debt crises may not directly hit the usually-insulated CSE, but could affect local corporate earnings and economic growth.
( http://uk.reuters.com/article/2011/08/04/markets-srilanka-idUKL3E7J43FY20110804 )
New York's Dow Jones index was trading more than 3% down, while Frankfurt's Dax and London's FTSE 100 indexes closed almost 3.5% lower.
( http://uk.reuters.com/article/2011/08/04/markets-srilanka-idUKL3E7J43FY20110804 )
However, Reuter reported that United States debt crises may not directly hit the usually-insulated CSE, but could affect local corporate earnings and economic growth.
( http://uk.reuters.com/article/2011/08/04/markets-srilanka-idUKL3E7J43FY20110804 )
