MARKET WRAP: JSE falls in risk-averse trade as China virus spreads

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Ireland News News

The JSE all share lost 1.49% , its biggest slide in more than two months, and the top 40 1.53%

21 January 2020 - 18:12global markets falling as investors abandoned risk assets on concern over the outbreak of a deadly virus in China.

Reports of further deaths caused by the severe acute respiratory syndrome type virus, and confirmation that it can be spread through human contact, sent a ripple of risk aversion through markets, with Asian and European stock exchanges all coming under pressure. US stock index futures followed Asian and European markets lower on the day as worries about the fallout from the new virus, and a gloomy growth outlook from the International Monetary Fund , looked set to stall a record rally on Wall Street, reported Reuters.Soon after the JSE closed, in Europe, the FTSE 100 had fallen 0.66%, France’s CAC 40 0.77% and Germany’s DAX 30 0.15%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WANDILE SIHLOBO: We should go all out to grow exposure to China’s agricultural marketChina remains an attractive market that SA should continue pursuing to earn trade agreements for various products 🔒 WandileSihlobo
Source: BDliveSA - 🏆 12. / 63 Read more »

Man Utd must sack Woodward for transfer market shortcomings - Neville
Source: ewnupdates - 🏆 30. / 53 Read more »