Coronavirus: Worse than a sneeze, but not the apocalypse
Don't panic over the coronavirus market impact, managers say
08 March 2020 - 00:05
Global markets have caught the coronavirus - with the MSCI world index plunging about 11% in the last week of February, rebounding slightly this past week but remaining down some 7% year to date.
The sharp fall followed news that cases had reached South Korea, Iran and Italy, leading to fears that the virus could have a far greater impact than markets were initially anticipating. It continued to spread this week, reaching SA on Thursday...
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.