A currency trader covers his face with his hands at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Monday, July 6, 2015. (AP/Ahn Young-joon)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Asian shares mostly fell Monday after Greece's voters vehemently rejected conditions set by its international creditors, deepening doubts over their future in the 19-nation eurozone.The Shanghai Composite index surged nearly 6 percent after the market opened, but ceded most of the ground it had regained, trading 2.2 percent higher at 3,766.37 by midday.Major brokerages pledged more than $19 billion for a fund to stabilize the free-falling markets.The Chinese securities companies say they will continue to invest in the market as long the Shanghai Composite, China's equivalent of the Standard & Poor's 500 index, remains below 4,500 . A Greek exit from the eurozone would shake markets, but the scale of its economic impact overall would be limited by the relatively small size of its $242 billion economy -- less than 2 percent of the 19-nation eurozone -- and its population of 11 million.Elsewhere in the Asia-Pacific, Australia's ASX S&P 200 fell 1.2 percent to 5,473.30 and New Zealand's benchmark slipped 1 percent to 5,785.20 .
FOLLOW THIS ARTICLE