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Article: Terrorist attacks in the US--immediate effects on the financial sector
- Article from:
- Norges Bank. Financial Stability
- Article date:
- November 1, 2001
- Author:
CopyrightCopyright Norges Bank, Economic Intelligence Dept. Nov 2001. Provided by ProQuest LLC. (Hide copyright information)
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The terrorist attacks in the US on Tuesday, 11 September 2001, had both direct and indirect effects on the financial sector.
Many key participants in the financial sector, particularly in securities markets, were directly affected by the attacks inasmuch as they leased considerable office space in the World Trade Center (WTC).
The terrorist attacks occurred before the US stock market would have opened. The stock exchanges were technically unable to open. The American Stock Exchange (AMEX) is located very close to the WTC, while the New York Stock Exchange (NYSE) is located in lower Manhattan. The US supervisory authorities immediately decided that the stock market should remain closed ...
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Article: KOREAN STOCK MARKET DEVASTATED AFTER US ...
AsiaPulse News;
September 12, 2001 ;
456 words
...SEOUL, Sept 12 Asia Pulse - The Korea Stock Exchange (KSE) plunged below the 500 point level Wednesday as investors dumped shares following the massive overnight terrorists attacks against the United States. Stocks began trading at 490.14 at noon and fell further to 474.62 as of 12:03 p.m., a 10
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