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2020-02-03 10:09:55

Coronavirus impact across markets hits China with 8.2% index drop

Coronavirus impact across markets hit China with an 8.2% decrease in its SSE Composite Index on Monday, the biggest fall in five years. The virus has infected 17,000 persons and more than 300 people have lost lives in China. Many businesses in China are shut down as part of lockdown to contain the virus. The epidemic has spread to more than 20 countries around the world and the US, Australia, New Zealand, and several other countries have imposed travel bans to China. Meanwhile, the epidemic has affected gold and Bitcoin investments, with Bitcoin going bullish as the death toll rises.