Asian stocks lower except for China, Europe in red with global selloff

By Ovunc Kutlu

ANKARA (AA) – Asian stock markets closed with losses except for China on Monday, while European stock exchanges were all in red as the major selloff has continued in global markets.

The Asia Dow, which includes blue-chip companies in the region, was down 56 points, or 1.69%, to 3,291 points at 1126GMT.

Tokyo’s Nikkei 225 stock exchange decreased 684 points, or 2.53%, to 26,319.

The Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, was closed on Monday for public holiday after plummeting 791 points, or 3.81%, to 20,001 on Friday.

China’s Shanghai stock exchange was the only positive performer of the day, gaining 2.58 points, or 0.09%, to finish at 3,004.

India's Sensex benchmark lost 364 points, or 0.67%, to 54,470, while the Singapore index fell 16 points, or 0.51%, to 3,275.

In Europe, the STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, decreased 8.8 points, or 2.05%, to 421.21 points at 1129GMT.

London's FTSE 100 fell 140 points, or 1.9%, to 7,248, while Germany's DAX 30 lost 240 points, or 1.76%, to 13,431.

France's CAC 40 was down 130 points, or 2.1%, to 6,127, and Italy's FTSE MIB plummeted 428 points, or 1.82%, to 23,045 at the time.

Spain's IBEX 35 declined 66 points, or 0.8%, to 8,256.