Asia shares pressured, but not dramatic

With the biggest one-day losses in about eight months plaguing Wall Street yesterday, Asian equities continued the bearish sentiment, though not quite to the same degree. Considering the US30 index fell 3.9%, the SPX500 4% and the NAS100 5.3%, today’s losses of 0.97% for the JP225 CFD and 2.4% for the HK33 index and 0.66% for China shares appear small by comparison.

Ring Energy Inc. (REI) had a rough trading day for Wednesday October 10 as shares tumbled 9.05%, or a loss of $-0.77 per share, to close at $7.74. After opening the day at $8.54, shares of Ring Energy Inc. traded as high as $8.54 and as low as $7.61. Volume was 1.16 million shares over 8,128 trades, against an average daily volume of 733,020 shares and a total float of 60.39 million.

Stoneridge Inc. (SRI) had a rough trading day for Wednesday October 10 as shares tumbled 5.78%, or a loss of $-1.53 per share, to close at $24.93. After opening the day at $26.43, shares of Stoneridge Inc. traded as high as $26.43 and as low as $24.83. Volume was 345,381 shares over 3,179 trades, against an average daily volume of 279,496 shares and a total float of 28.48 million.

SINGAPORE–Asia’s petrochemical shares slumped on Thursday, tracking steep losses in regional bourses following a heavy sell-off in US equities overnight amid fresh concerns over slower global growth.