TRADERS REACT AT SYDNEY FUTURES EXCHANGE IN SYDNEY, 1997-10-28 (photo)

Traders react after the Sydney Futures Exchange finished 155 points down at close of trade October 28. The Stock Exchange lost 7.2 percent of it's value, carving A$29.5 billion (US$20.6 billion) from the bourse's value. The fall was the worst ever percentage point fall since the last `Black Tuesday', October 20, 1987 when the All Ordinaries lost 25 percent. Panic selling from small investors and foreign funds was triggered by the New York stock exchange's biggest ever single-day points loss. Have changed date to 1997 as a description of another stock exchange photo says that this fall in stock exchange happened 10 years after "Black Tuesday" Oct 20th 1987 MARKETS AUSTRALIA