Index: Asian Shares and Cent

index: Losses in London, Paris and Milan were already climbing towards two per cent in early trading, although the sell-off wasn't quite as dramatic as the overnight session in Asia, according to Nine News Australia. MSCI's broadest index of Asian shares not including Japan ended down 3.6 per cent, having struck its lowest level since March 2017. To improve your experience update it here News World Stocks sell-off slams back into Europe8 44pm Oct 11, stocks have slumped to a more than an 18-month low on Thursday after Wall Street's worst losses in eight months triggered a surge of global selling that knocked over Asia too. China's main indexes had slumped over five per cent. Equity markets are locked in a sharp sell-off, with concern around how far yields will rise, warnings from the IMF about financial stability risks and continued trade tension all driving uncertainty, summed up analysts at ANZ. The sell-off, which came as the head of the International Monetary Fund, Christine Lagarde, said stock market valuations have been extremely high erased hundreds of billions of dollars of global wealth . Japan's Nikkei ended down 3.9 per cent, its steepest daily drop since March. It meant MSCI's 24-country emerging market index was having its worst day since early 2016, after Wall Street's swoon had given the 47-country world index equivalent its worst day since February. (news.financializer.com). As reported in the news.