Australian Market Report of April 28, 2010: Shares Suffer from European Jitters

  Sydney, Australia, April 28, 2010 - (ABN Newswire) - Asian markets this morning sharply plunged following the massive drop in US shares. Australian stock market shed 1.7 per cent in early trade, while Japan's Nikkei gave up more than 300 points, or 2.8 per cent. Asian shares fell on Standard & amp; Poor's ratings downgrades of Portugal and Greece and worries that the debt problem of the two nations could put the recovery in Europe under pressure.  

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