Friday October 10, 08:27 AM
GLOBAL MARKETS-World stocks hit five-year low
LONDON, Oct 10 (Reuters) - World (WRGR.TA - news) stocks tumbled on Friday, with the benchmark world index falling to its lowest level in 5 years as Europe joined a panic sell-off in Asian stocks.
The MSCI world equity index fell more than 4 percent to its lowest since October 2003. Emerging stocks fell 4.2 percent to a three-year low.
(Reporting by Natsuko Waki) Keywords: MARKETS GLOBAL/EUROPEOPEN
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