Stock market is bleeding: what do you need to know
The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Australian equities leap at close of trade
On Wednesday, Australia equities grew after the close because leaps in the Metals & Mining, Materials and also Gold sectors underpinned stocks.
The S&P/ASX 200 went up 0.03%.
The winners of the session on the S&P/ASX 200 were such benchmarks as Mayne Pharma Group Ltd, St Barbara Ltd and Saracen Mineral Holdings Ltd. They grew respectively 12.40%, 4.15% and 3.36%.
On the contrary, the losers were represented by Graincorp Ltd, Aveo Group and Galaxy Resources Ltd. They slumped 4.44%, 2.76% and 2.64% respectively.
On the Sydney Stock Exchange ascending equities supplanted losing ones by 609 to 565, while 341 ended intact.
The S&P/ASX 200 VIX that gauges the implied volatility of S&P/ASX 200 options, rallied 4.28% being worth 12.845.
The currency pair AUD/USD surged 0.07% trading at 0.8026. Additionally, AUD/JPY stood still sticking to 88.34.
The US Dollar Index Futures tumbled 0.10% being worth 91.80.
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What is pulling the stocks down?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
Important events on February 17-21
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
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