Stock markets in Asia down due to concerns about the corona virus, investors will flee to gold

the stock Markets in Asia on Monday, bad week, started as a result of rising concerns over the outbreak of the corona virus in the republic of Korea, Italy, and

the stock Markets in Asia on Monday, bad week, started as a result of rising concerns over the outbreak of the corona virus in the republic of Korea, Italy, and the Middle East. The care went the stock market crashed, and were looking for investors to seek refuge in gold.

The South Korean stock market index KOSPI, it was Monday, the hardest hit, with a loss of almost 4 per cent. The concerns about the outbreak of the COVID-19 increased after the country reported that the number of infections, with up to 161 increased and the death rate had risen to seven. In total, there are 763 South Koreans are infected with the COVID-19-corona virus.

finally, stock Exchanges in neighbouring countries, such as hong kong, Hang Seng Index and the Japanese Nikkei was red in colour, with reductions of, respectively, 1.5 and 0.3 of a per cent.

European stock markets seem to be quite a bit of the red to be opened. The Euro Stoxx 50 is a stock index, on the basis of the fifty most important stocks from the euro-area countries, was voorbeurs of about 2 percent. The concern in Europe about the corona virus have been increased, and, after Sunday, it was announced that the number of infections in Italy has been increased to over 150. The infections are a number of towns and villages in the north of Italy, and put in quarantine.

Due to the increasing concern about the outbreak of the corona virus are putting a lot of investors to put their money in gold…. The precious metal is often used by investors will be used as a safe haven in times of uncertainty. On Monday it rose to the price of gold by 1.3% to a price of 1.665, the $ 1.540 per troy ounce of gold. It is the highest point since may 2013.

also Refer to: Austria’s declined recently, and Italian trains are due to feline corona virus

Date Of Update: 24 February 2020, 08:00

Categories: Optical Illusion
Source: newstars.edu.vn

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