The devastation of the World Trade Center towers has seriously affected the stock markets worldwide. Each day, the chance of a global recession increases as the NASDAQ, Dow Jones, and FTSE exchanges all drop.
Most UK developers, publishers, and retailers have seen a reduction in their share price with only a few exceptions. Rage Software saw its share price increase by 25p. The average loss is about 9 percent.
The share situation is much worse in Japan, a country already in financial trouble. Square’s share price dropped just over 26 percent, Nintendo lost 21 percent, Sega 15 percent, and Sony lost 11 percent of its share value.
This comes at a tricky transitional period for the market as new platforms are being launched.
Now might be a good time to invest as the share prices will most likely recover.