Asian Markets Tumbled Badly

All Asian Stock Markets tumbled today amid fears of a US recession and disappointments in President Bush stimulus package. Below is a summary of their indices performances. Some indices like STI has lost more 20% value. We are entering into a bear market.

Index                         Last Trade  Change
All Ordinaries (Australia)    5,630.90    -168.50 (2.91%)
Shanghai Composite (China)    4,914.44    -266.08 (5.14%)
Hang Seng (Hong Kong)         23,818.86   -1,383.01 (5.49%)
BSE 30 (India)                17,605.35   -1,408.35 (7.41%)
Jakarta Composite (Indonesia) 2,485.88    -125.25 (4.80%)
KLSE Composite (Malaysia)     1,439.49    -21.22 (1.45%)
Nikkei 225 (Japan)            13,325.94   -535.35 (3.86%)
NZSE 50 (New Zealand)         3,646.91    -17.45 (0.48%)
Straits Times (Singapore)     2,917.15    -187.10 (6.03%)
Seoul Composite (Korea)       1,683.56    -51.16 (2.95%)
Taiwan Weighted (Taiwan)      8,110.20    -74.45 (0.91%)

ETF                   Change
IS MSCI INDIA 100US$  -13.4%
Lyxor Asia 10US$      -2.4%
Lyxor China H 10US$   -5.3%
Lyxor Cmdty 10US$     -0.3%
Lyxor HangSeng 10US$  -4.6%
Lyxor Japan 10US$     -0.8%
Lyxor Korea 10US$     -0.6%
Lyxor Taiwan 10US$    +3.1%
STI ETF               -1.5%