Gotten It
Gotten It

How broad-based is the selling in Asia Video

4 Oct 2011 CNBC
It's very broad-based. The blue chip stocks have a heavy weighting on the Nikkei 225. Market is down 2%. Multi-decade lows. Euro-Yen has been extremely whippy. Sony has tanked. Toyota is down, sales in America were weak. Mitsubishi is one of the worst performers amongst the mega banks in Tokyo. In Seoul, a heavy selling. They suspended trading for 5 minutes. Now the Kospi is down. It's really a sea of red. The damage continues in the banking space. The energy space also tanking.

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