Question

In: Finance

write a summary report on the effects that COVID-19 has had on the world stock markets...

write a summary report on the effects that COVID-19 has had on the world stock markets since December 1, 2019

Solutions

Expert Solution

The novel cornavirus outbreak started in december 2019 ,but the financial markets didnt react immediately due to the lack of information pertaining to various factors like mortality rate contamination rate.But as days passed by and the world became more privy to information regarding coronavirus the markets finally reacted to it ,towards the end of February.US stocks lost nearly 12%, and approximately $3.5 trillion was lost in stocks and the Dow Jones Industrial average dropped 12%.European stocks ended the week down as losses were estimated at 1.5trillion USD.It was the worst crash since October 2008.

Asian stock Markets too bore the brunt as China's Shenzhen stocks clsoed lwer at 4.8%.The Shnaghai composite was down 3.71%.Hong Kong's Hang Seng dropped 2.42% and Nikkei 225 the market index for Tokyo Stock exchange dropped 3.67%.In India the BSE Sensex fell 1,836 points to 32,666 while NSE benchmark Nifty fell 494 points to 4960.

Actions taken by central banks and regulators to calm the investors was of no avail as the markets further went into losses after an initial recovery on March 2nd.

Please leave a positive rating if this helped .


Related Solutions

Impacted by the COVID-19, what is the real situation of world stock markets?
Impacted by the COVID-19, what is the real situation of world stock markets?
Impacted by the COVID-19, what is the real situation of world stock markets? Please list the...
Impacted by the COVID-19, what is the real situation of world stock markets? Please list the index changing of world main stock markets during the period of February 1 to May 31 and analyze the reasons. required to submit a report more than 3000 words.
Impacted by the COVID-19, what is the real situation of world stock markets? Please list the...
Impacted by the COVID-19, what is the real situation of world stock markets? Please list the index changing of world main stock markets during the period of February 1 to May 31 and analyze the reasons.
Make a report about: The effects of COVID-19 pandemic on Globalization ?
Make a report about: The effects of COVID-19 pandemic on Globalization ?
The effects of Covid 19 outbreak in global markets are expected to be evaluated and interpreted
The effects of Covid 19 outbreak in global markets are expected to be evaluated and interpreted
introduction for invest on stock these days with the covid-19 problem in the world and which...
introduction for invest on stock these days with the covid-19 problem in the world and which porfolio strategies i should use?
discuss the impact of Covid 19 on (global) financial markets. Please limit your report to no...
discuss the impact of Covid 19 on (global) financial markets. Please limit your report to no more than 3 pages in total.
The outbreak and spread of COVID-19 virus has had effects beyond the health issues. Discuss how...
The outbreak and spread of COVID-19 virus has had effects beyond the health issues. Discuss how Covid-19 has or can have an impact on the U.S. or global or any country's economic conditions. Assume that you are thinking to pursue your enterprise venture in 2020, what are the effects of this virus on your plan. Of what economic indicators do you expect to resume your venture.
What can policy makers in Canada do to minimize the detrimental effects covid-19 has had on...
What can policy makers in Canada do to minimize the detrimental effects covid-19 has had on economic stability, and the education system?
Write a memo outlining the impact that COVID-19 has had on credit risk for the financial...
Write a memo outlining the impact that COVID-19 has had on credit risk for the financial institution.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT