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1.Market Observations, 8.Was Sticky

4 Feb 2020 (AFR) – ASX: Coronavirus fears spark ASX shock wave

(4 February 2020, AFR, p26, William McInnes, Reporter)

Stock market S&P/ASX 200 (XJO) index, past five days (AFR)

Stock market S&P/ASX 200 (XJO) index, past five days (AFR)

‘The Australian sharemarket on Monday suffered its second worst session so far this year, as concerns about the economic impact of the coronavirus rippled through global markets. The S&P/ASX 200 Index dropped 93.9 points, or 1.3 per cent, to 6923.3, falling to its lowest level in three weeks. Markets across Asia dipped into the red on Monday, but Australia’s geographic proximity and strong economic relationship with China saw it fall heavier than most of its peers.’

Read more at AFR.com (might need AFR login access)

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