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 rise at close of trade
On Thursday, Australian equities ascended after the close because revenues in the Metals & Mining, Materials as well as Resources sectors brought stocks up.
The S&P/ASX 200 managed to leap 0.05% in Sydney.
Flight Centre Ltd, Costa Group Holdings Ltd and Bega Cheese Ltd happened to be the best performers of the session on the S&P/ASX 200. They rallied respectively 11.26%, 6.09% and 5.48%.
The worst performance was demonstrated by such benchmarks as Trade Me Group Ltd, Qube Holdings Ltd and Nanosonics Ltd. They slumped 7.61%, 6.47% and 6.36% respectively.
Ascending equities supplanted sagging ones on the Sydney Stock Exchange by 591 to 563, while 362 stood intact.
Stocks in Flight Centre Ltd rallied to 3-years maximums, earning 11.26% and getting to 49.365. Equities in Trade Me Group Ltd went down to 52-week minimums, decreasing 7.61% being worth 4.130. Equities in Costa Group Holdings Ltd grew to all time maximums, adding 6.09% hitting 5.230. Stocks in Nanosonics Ltd headed south to 52-week minimums, slumping 6.36% trading at 2.210.
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
WTI was at $20 per barrel just in the beginning of the day. Currently - above 25$.
27,000 people became unemployed in private sector
The US Non-farm payrolls, also known as NFP, will be published on April 3, at 15:30 MT time.