Readers with a copy of The Hitchhiker’s Guide To The Galaxy might remember the famous travel guide came with DON’T PANIC helpfully printed on its cover. With financial markets across the world seeing dramatic falls as a result of coronavirus, investors would do well to adopt the same motto. In the early days of the … Read more
JEFF PRESTRIDGE: Hold your nerve even as markets head south By Jeff Prestridge for The Mail on Sunday Published: 22:10 GMT, 29 February 2020 | Updated: 23:04 GMT, 29 February 2020 Let’s not beat around the bush. Stock markets are in freefall, and if the doomsters are to be believed, there could be worse to … Read more
Markets started off believing that the coronavirus outbreak would be brief and contained, and the ill-effects would be eased by central banks or governments. Now, dealers and analysts are seeing a torrent of company reports laying bare the damage, either in terms of reduced demand in China and Asia, which has hit drinks giant Diageo, … Read more
Investors should ‘try to ignore’ coronavirus panic hitting the markets as experts claim it is the worst time to sell shares. More than £250billion has been wiped off top UK firms this week, as the FTSE 100 drops to its lowest level since July 2016 amid global coronavirus panic. Emma Wall, of Hargreaves Lansdown, said: … Read more
Asian markets plummeted overnight, tracking a collapse in New York and Europe as the coronavirus spread rapidly around the world with the WHO warning the deadly epidemic was now at a ‘decisive point’. Tokyo and Jakarta were hammered more than four percent, while Shanghai, Sydney, Seoul and Bangkok tanked more than three percent each. The … Read more
Coronavirus has spread from Wuhan in China to countries across the world, with more than 80,000 confirmed cases and nearly 3,000 deaths worldwide. Here is all you need to know today: – What is the scale of the problem? So far, China has reported a total of 78,497 cases, including 2,744 deaths. Outside China, there … Read more
FTSE CLOSE: Shares rise for first time this week as coronavirus still worries markets; Restaurant Group to shut up to 90 outlets; Diageo warns on earnings By This Is Money Published: 08:10 GMT, 26 February 2020 | Updated: 17:25 GMT, 26 February 2020 The FTSE 100 closed up 24.59 points at 7042.47 and the pound … Read more
Stock markets continue to plunge in wake of coronavirus fears after Wall Street suffered worst two-day losing streak for two years FTSE 100 Index has now fallen below 7,000 for the first time in more than a year Nearly £100 billion has been wiped off the value of UK blue chip companies Stock markets in … Read more
Stock markets across Europe including in London fell for the second day in a row today as fears continued over the economic impact of coronavirus. The FTSE 100 index of leading UK companies had fallen 132 points or 1.85 per cent to 7,024 by late afternoon, after opening up by 0.5 per cent in early … Read more