Covid-19 resurgence fear leaves global markets struggling
The three major US stock indices posted their worst day on Thursday since mid-March
12 June 2020 - 11:45
London/Tokyo — A slump in global shares extended to its fourth day running on Friday and oil tumbled over growing concerns that a resurgence of coronavirus infections could stunt the pace of recovery from lockdowns.
MSCI's 49-country index of world stocks slipped 0.5% to an 11-day low, while MSCI's broadest index of Asia-Pacific shares outside Japan sank 1.3%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.