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...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now