By the numbers: Global stock markets plunge following sell-off in China

TORONTO – North American stock markets tumbled Monday after a massive sell-off in China. Here are some key numbers:

TORONTO STOCKS: The S&P/TSX composite index fell 768.5 points shortly after markets opened, a loss of some 5.7 per cent from Friday’s close, before staging a rally that fizzled in late-day trading. At the close, Canada’s main index was down 420.93 or 3.12 per cent at 13,052.74.

CHINA: China’s largest stock market, the Shanghai composite index, fell 8.5 per cent to close at 3,209.91 points, its biggest one-day loss since an 8.8 per cent decline on Feb. 27, 2007.

OTHER ASIAN MARKETS: Japan’s Nikkei fell 4.6 per cent, its worst one-day drop in over two and a half years. Hong Kong’s Hang Seng index fell 5.2 per cent, Australia’s S&P ASX/200 slid 4.1 per cent and South Korea’s Kospi lost 2.5 per cent.

EUROPEAN MARKETS: Germany’s DAX fell five per cent, the CAC-40 in France slid 5.6 per cent and Britain’s FTSE 100 dropped 4.5 per cent.

NEW YORK STOCKS: The Dow Jones industrial average plunged more than 1,000 points. It also rallied, then fell back sharply to close with a loss of 588.40 points or 3.57 per cent at 15,871.35.

CANADIAN DOLLAR: The commodity-sensitive loonie was down 0.54 of a U.S. cent at 75.40 cents U.S. The last time the loonie closed below that level was in August of 2004.

OIL: West Texas Intermediate crude oil, the North American benchmark, fell $2.21 to US$38.24 a barrel. The last time WTI closed below $40 point was in February 2009.

OTHER COMMODITIES: September copper closed down five cents at US$2.26 a pound; December gold was down $6 at US$1,153.60 an ounce.

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