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European stocks close mixed as coronavirus spreads further


Thursday, 27 February 2020 00:13 WIB

Indeks Stoxx Europe 600SahamEropa


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European markets closed mixed Wednesday, after the number of coronavirus cases outside of China exceeded those inside the country for the first time.

The pan-European Stoxx 600 closed slightly below the flatline, to 404.62  pada paring some earlier losses. Travel and leisure stocks were the worst performers, down more than 2%.

On Tuesday, a top U.S. health official said the coronavirus will likely become a global pandemic.

China, the epicenter of the outbreak, reported 406 new confirmed cases and an additional 52 deaths as of Feb. 25. Meanwhile, South Korea, where there is the second largest outbreak, reported a jump of 169 new cases, bringing the country's total to 1,146 infected. It reported one additional death, bringing the total number of fatalities to 11.

Source : CNBC


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