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Asian shares tumble

Tokyo, Shares in Asia tumbled further on Thursday, AP reported.

Japan's Nikkei 225 index gave up 1.0% to 16,552,83, while in South Korea, the Kospi sank 7.5% to 1,471.61. Hong Kong's Hang Seng index slipped 2.6% to 21,709.40, and the Shanghai Composite index shed 0.9% to 2,704.89. Australia's S&P ASX/200 declined 3.4% to 4,7982.90. India's Sensex sank 2.7%. Shares in Southeast Asia also fell.

The dollar was at 108.54 Japanese yen, up from 108.07 yen late Wednesday. The euro rose to $1.0944 from $1.0913.

Gold rebounded, gaining $4.50 per ounce to $1,482.40.

Source: Saudi Press Agency

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