European stocks join global slump on oil price crash | The Malaysian Insight

Global stock markets are reeling from the knock-on effects of the Covid-19 virus as investors flee energy equities. – EPA, March 9, 2020.

EUROPE’S major stock markets slumped at the open today, as crashing oil prices saw investors dump global equities, which have already been slammed by heightened fears over the deadly Covid-19 virus. Stocks tanked after oil nosedived 30% at one stage, sparked by top exporter Saudi Arabia slashing prices after a bust-up with Russia over crude production.

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China stocks join global sell-off on oil plunge, Covid-19 impact fearsSHANGHAI/Hong Kong: China stocks slumped on Monday, as fears over the economic impact of the global Covid-19 coronavirus epidemic were exacerbated by a crash in oil prices that battered financial markets around the world.
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Asia stocks plunge on virus fears, oil prices | The Malaysian InsightAsia stocks plunge on virus fears, oil prices
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Indian stocks suffer worst day in 4.5 years on virus panic, oil price crashOther South Asian markets and their currencies were also hit. FMTNews India Stock
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