Australia’s stock exchange falls 2% on opening as investors flee on fears of coronavirus spread. Follow live news
- Washington state nursing home placed on lockdown
- New coronavirus cases jump sharply in Europe, with Italy worst hit
- Coronavirus outbreak: the key scientific questions answered
- Epidemics expert Jonathan Quick: ‘The worst-case scenario for coronavirus is likely’
In Australian the stock market opened down 2.2% on Monday morning, marking the seventh straight trading day of losses as the coronavirus spreads.
The S&P/ASX200 index was down 144.2 points at the start of trade on Monday.
The decline means the ASX has now gone down over 10% in the last seven trading days.
Among the biggest drops at the opening of trade were Bega down 10%, and Fortescue down 9.92%.
Hello and welcome to our live coverage of the coronavirus outbreak. Before we kick off, here’s a summary of the top points so far.
Continue reading...from The Guardian https://ift.tt/2vmoSMi
