Global Stock Markets Plunge Due to Coronavirus

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Dwi Hadya Jayani 13/03/2020 15:27 WIB

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Global stock markets plummeted due to falling global oil prices and the spread of the coronavirus (Covid-19).

Global Stock Market Performance (January 1 - March 12, 2020)

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Global Stock Markets Plunge Due to Coronavirus

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Global Stock Market Performance (January 1 - March 12, 2020)

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Global stock markets plummeted following the decline in global oil prices and the spread of the coronavirus (Covid-19). Furthermore, Covid-19 has been declared a pandemic by the World Health Organization (WHO). The FTSE MIB, the Italian stock exchange, has plummeted by 24.8% since the beginning of the year. The Jakarta Composite Index (IHSG) followed suit, declining by 22%.

For information, the Jakarta Composite Index (IHSG) today (March 13th) immediately plunged 5.01%. As a result, trading on the Indonesia Stock Exchange (BEI) was temporarily halted for 30 minutes at 09:15 WIB. Trading resumed at 09:45 WIB.

Editor : Safrezi Fitra

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."