Coronasmittan is spreading, not only in the world, but the turmoil in the financial markets, in particular, to a higher degree. After a brief pause on Wednesday, the day turned the stock markets sharply again.
the Fall was in Stockholm, sweden, in the afternoon, when the New York stock exchange was opened, with the falling prices. The Index, which had lost more than 5%, but the courses were slightly ahead of the closing.
All of the heavy hitters in the storbolagslistan OMXS30 index fell sharply, and the lion's share of 3 per cent. Sensitive to verkstadsjättar with the large-scale production in China, such as Sandvik, SKF, and dropped even further.
the Swedish shareholders, the commission notes that there is a substantial decline.
"The stock market is a little bit scary, it doesn't look good," he said.
But Awards points to the fall in the stock markets should be seen in its proper context. Since the beginning of 2019, the stock market has risen about 40 per cent. At the same time, corporate earnings have not been increased.
" It means that the shares are highly-rated. In the fall, as we are seeing now, does not mean that the world economy is going into a black hole. What we are seeing is that the stock market could not withstand a laser pointer's dot, " he said.
the safe-haven assets such as gold and government bonds will rise in value. The value of the krona also fell sharply against the u.s. dollar, as investors fled to safe-havens.
The major european exchanges were also down sharply: FTSE100 index in London dropped to 3.5 percent, the CAC40 index in Paris dropped 3.3 per cent, and the DAX index in Frankfurt fell by 3.2 per cent.<