25 people died in China in the wake of the newly discovered coronavirus. The epidemic shows no sign of stopping, by on the contrary, the case is detected while in the united states, Thailand, Japan, Taiwan, and south Korea. The residents of the city of xi’an, where the first cases were discovered to have been ordered not to leave the city.
the Concern is that the virus will spread and develop into a pandemic, the pressure in the stock exchanges in the region. Shanghaibörsen fell by 3 per cent, and the Hong kong stock exchange, with a 1.5 per cent). On the major european stock markets, the trend was slower with the declines in the 1 percent. On the stockholm stock exchange, the low-minus 0.8 per cent, at 14 o’clock.
the Magazine Business Insider reported on the international stock exchange of the transport sector, lyxproduktssektorn, and the retail sector have been affected by the reason of the anxiety of a fall in demand.
Robert Bergqvist, said that it is difficult to predict the coronavirusets effects in an early stage, but I think it’s only natural that the transport sector is affected.
” a Lot of people are anxious to move to other places at the same time, some of the regions is fully closed. In this way, also the tourism sector is suffering. However, the benefit from health care-related companies, for obvious reasons, ” he said.
coronaviruses are plaguing the world. During the SARS outbreak of 2003 affected about 8,000 people in 26 countries by the virus, of whom 750 died. Even then, the virus had originated in China.
According to the world bank’s calculations, the cost of the epidemic to about 54 billion dollars, which, according to Robert Bergqvist, should be put in perspective with the other events having an impact on the world economy.
for example, It can be compared to the ongoing trade wars between the united states and China. There are about 250 billion u.s. dollars.
Passengers face at the airport in Manila. Photo: Aaron Favila/associated press
to be affected by it. Initially, the circuits for many of the concerns revolve around the transport sector, according to Robert Bergqvist.
” a Lot of people are anxious to move to other places at the same time, some of the regions is fully closed. In this way, also the tourism sector is suffering. However, the benefit from health care-related companies, for obvious reasons.
” You could say that we had a lot of stock market returns in the last year, and is very close to all-time highs. As such, this element of uncertainty pops up in thinking, think a lot of it has already been an amazing return, and decided to sell. But you have to keep in mind that this epidemic is going to play less of a role for the long-term sparprofil.
at 14 o’clock on Thursday the Stockholm stock exchange’s OMXS index fell by 0.8 per cent. Among the heavyweights in the OMXS30-index, which belongs to the verkstadskoncernen, Sandvik, and telekomtillverkaren Ericsson sänkena with a share of 1.4% and 0.6%, writes the news agency TT.
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