Fear of Corona-Virus: China is stock trading again - immediate crash stock markets

On the 23. January had exposed the Chinese government, the shares trade, due to the Coronavirus. Following an extension of the Chinese new year holiday, the sto

Fear of Corona-Virus: China is stock trading again - immediate crash stock markets

On the 23. January had exposed the Chinese government, the shares trade, due to the Coronavirus. Following an extension of the Chinese new year holiday, the stock markets opened again on Monday.

Immediately, the pent-up fear of a mass was released with the outbreak of the lung disease: The trading started on the Shanghai Composite Index fell by 8,73 percent. This is the lowest level in four years. The Component Index in Shenzhen, southern China, dropped to 9.13%.

panic selling is likely to still

hundreds of companies increase price to cope with losses of more than 10 percent. In particular, the tourism, the industry and the service sector in China is suffering greatly under the epidemic.

From the perspective of portfolio Manager Andrew Harmstone of Morgan Stanley is appropriate for investors of first time for more restraint: "it is Still not the right time to get back into it," said the expert of the news Agency Bloomberg. The panic sales are expected to increase accordingly.

Beijing is helping the economy with the biggest cash injection since 2004,

China's government is trying to strengthen the financial system and the impact of the epidemic cushion - with an unusually high injection of money. The Central Bank asked commercial banks on Monday to 1.2 trillion Yuan (156 billion euros) of liquidity available.

The measure was to ensure the functionality of the Chinese money market and banking system during the epidemic, - stated in the message published on the Website of the Central Bank. Chinese Yuan Renminbi / Euro (CNY/EUR) 0,1287 EUR -0,0012 (-0,95%) flows outside the stock exchange To the price data

The money in the framework of so-called Repo transactions. In banks securities deposited as collateral. According to the financial service Bloomberg, the cash injection is the largest since 2004. Worldwide, the spread of the Virus has set the stock markets in the past few days belonging to the course.

US stock markets under pressure

on Friday, the Fears had a global spread of the Coronavirus in the shares. After the slight recovery in the previous days, the Dow Jones Industrial fell to 2.09% on 28.256,03 points. On a weekly perspective this is a decrease of 2.53 percent. Thus, since the beginning of the year accumulated profits are wiped out: The balance sheet for January to a discount of around 1 percent. Dow Jones 28.256,03 Pkt. -603,41 (-2,09%) OTC

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course data

The market breadth the S&P 500 declined on Friday to 1.77 percent, to 3225,52 counter. For the technology-heavy Nasdaq 100, it went to a 1.58 percent to 8991,51 points down. Nasdaq OMX Group Inc 104,92 EUR +0,50 (+0,48%) Stuttgart price data

Also were the bond market, in particular, the yields on long-dated securities under a lot of pressure. This raised investor Concerns that the hitherto robust US economy may be stronger than previously thought are affected.

expert: two weeks to go until the peak of the epidemic in China

For the next few days looks better – on the contrary, Chinese experts expected later than previously expected with the peak of the Coronavirus outbreak in the people's Republic of. "We assume that the peak of the epidemic is expected in ten days to two weeks," said the chief of national teams of experts in the fight against the Coronavirus, Zhong Nanshan, according to Chinese state media Monday. But preventive measures should be strengthened. "We must not relax our vigilance."

Thus, the known expert revised his previous prediction of a week ago, when he had said the peak for the end of this week before. Why he had the time now but in the future move, said Zhong Nanshan.

More than 50 million people in China are not affected

Although the spread of the new pathogen increases, and the Virus has already been detected in every province and Region of China, he anticipates, in his own words with a "national outbreak". "It could be only a partial outbreak," said Zhong Nanshan.

The expert drew attention to radical measures such as the restriction of freedom of movement for more than 50 million people in Central China, the extended holiday, fever checks, cancelled events, and personal precautionary measures, which should help in the efforts.

WHO is worried about "massive Infodemie" to Coronavirus

to distinguish The Figures from the WHO, Infected themselves, always of which come from China, which is, among other things, on the time delay. The world health organization has expressed concern about the flood of information to the Coronavirus. The outbreak of the pathogen in 2019-nCoV has been accompanied by a "massive Infodemie", a Flood of information, informed you on Sunday night in Geneva. Some of the information may not be correct, others not.

As the flood of information make it very hard for many people to differentiate between myths and facts, launched by the WHO a large information campaign on Facebook, Twitter and other social media. In it, she answered such questions as: Can help you the eating of garlic against the Coronavirus. Answer: there is no evidence.

letters and parcel from China safe

Also, the smoke from the fireworks won't help against the causative agent, writes the WHO. The assumptions of letters or packets from China, however, was harmless. The Virus does not survive long on such objects. On a separate website, the WHO advises not to wash, among other things, to the regular hands, even if the hands were "visibly dirty". Sufferers should sneezing into the elbow or into a handkerchief, and the latter in a closed trash can throw. René wants to return to Gold safer than stocks? Anyone who thinks so, a lot of money FOCUS Online René yield: Gold will give away more secure than shares? Anyone who thinks that giving away a lot of money

pom/dpa
Date Of Update: 03 February 2020, 09:00
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