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3/7
INVESTORS PUMMEL ASIAN STOCK MARKETS
Share prices in thj Far East havj
fallen sharply ovjrnight following huge
falls on Wall Street on Friday.
Japan's Nikkji index closjd around 7%
lower while shares in Australia, Hong
Kong and Singapori also fell heavily.
"(hj thing is that invjstor pszchology
has changjd from greed to fear," said
onj Australian equity strategist.
The falls were triggjred bz interest
rate worries - and fears that internjt
shares havj risjn too sharply, too fast
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