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Worldwide Market Plunge

Percent change from 12-month peak as of Oct. 29

HONG KONG
-35.4%
After Hong Kong raised rates to defend its currency, stocks plummeted.

BRITAIN
-9.2%
When Wall Street and Hong Kong fell, Europe's biggest bourse also got hit.

UNITED STATES
-9.1%
Jittery investors fled high-priced stocks, but rushed to buy at lower levels.

JAPAN
-21.3%
Japan, a major lender to Southeast Asian companies, also had sizeable positions in equity markets there.

BRAZIL
-27.9%
Banks and telecoms led the selloff as global fund managers tried to raise cash.

MEXICO
-10.7%
Selling in Mexico was fierce, but Mexican stocks were the quickest to rebound in all of Latin America.

AUSTRALIA
-12.1%
After the biggest one-day drop since 1987, the market rebounded.

DATA: BLOOOMBERG FINANCIAL MARKETS, BUSINESS WEEK


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Updated Oct. 30, 1997 by bwwebmaster
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