Thu, 2020-03-19 02:58
LONDON: Global stock and oil markets plunged on Wednesday, as vast stimulus measures failed to offset heightened concerns that the worsening coronavirus outbreak will tip the world into a deep downturn, dealers said.
In European stock market trading, Frankfurt, London and Paris tanked around 5 percent in morning deals, after similar dizzying losses across Asia.
Before the market open in Paris, French regulators banned for one-month short-selling, or the betting that markets will fall — extending an initial one-day halt, in an effort to curb steep losses.
Main category:
Tags:
from ArabNews https://ift.tt/2Qqekmk
via Latest News of Dubai
0 Comments