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European Stocks Continue Negative Trend as Coronavirus Spreads Further


Wednesday, 26 February 2020 15:18 WIB

Stoxx 600SahamEropa


European markets continued their negative trend Wednesday with the coronavirus outbreak continuing to weigh on global investor sentiment.

The pan-European Stoxx 600 fell by another 0.8% early in the session, with travel and leisure stocks dropping 2% to lead losses as all sectors and major bourses traded in negative territory.

The spread of the coronavirus continues to rattle global markets; overnight, Australia led the losses among major Asia Pacific markets as investors withdrew amid concerns over the outbreak. Shares of Australian banks saw declines of around 2%.

Source : CNBC


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