Trump's US Presidential Election Win Sends Asian Markets Plunging

09/11/2016 11:51 WIB

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Asian Stock Market Decline Following the US Presidential Election on November 9, 2016

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Asian Stock Market Decline Following the US Presidential Election on November 9, 2016

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The United States (US) presidential election held on November 8, 2016, local time, drew the attention of investors worldwide. The outcome of the vote between Republican presidential candidate Donald Trump and Democratic candidate Hillary Clinton could influence the direction of global fund managers' investments in the future.

Initially, Donald Trump's lead in the Republican race to become the next US president was met with a negative market response. Asian stock prices plummeted in trading on Wednesday, November 9, 2016.

Indian and Japanese stock investors reacted most sharply, with stock prices in both countries falling more than 4 percent, according to Bloomberg data up to 11:00 WIB (Western Indonesian Time). The Hong Kong stock exchange also experienced a significant drop of more than 3 percent. Similarly, Jakarta's stock prices fell by 1.85 percent.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."