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European Markets Edge Lower Amid Choppy Open as Coronavirus Remains in Focus


Monday, 30 March 2020 15:22 WIB

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European markets quickly reversed course to trade lower Monday as the coronavirus pandemic remains in focus for investors.

The pan-European Stoxx 600 was down 0.3% in early deals, having initially opened in the black. Oil and gas stocks fell 2% after oil prices hit a 17-year low, while chemicals stocks added 0.8%.

Global markets continue to take stock of the evolving coronavirus pandemic. The virus has already infected more than 720,000 people worldwide and caused at least 33,925 deaths, according to data compiled by Johns Hopkins University.

Source : CNBC


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