Global markets suffer worst falls since 2011 in Q3

Global shares shed $11trn

Global markets have seen the worst quarterly performance since the eurozone crisis in 2011, shedding an estimated $11trn (£7trn) in share value over the past three months.

Despite attempts to bounce back in September, the global markets have remained on a downward slope since the 'Black Monday' sell-off in August, as fears over an economic slowdown in China rocked investor confidence. Q3 marks the second quarterly loss this year, and the worst falls since the depths of the 2011 eurozone crisis, The Guardian reports. The MSCI All-Country World index fell 11.5% in the three months to the end of September, its worst performance since September 2011. Meanwhile, the UK's blue-chip FTSE 100 index is down 7% over the period, closing at 6,061 last night, a f...