The fear now is not only Hebei and some parts of China which is under travel lockdown and controlled with drastic measures, but increasing carriers from Korea, Japan and Singapore spreading to the rest of Asia.
And increasing carriers from Italy, France, Spain, UAE and Iran spreading to the rest of the world.
www.who.int/docs/default-source/coronaviruse/situation-reports/20200228-sitrep-39-covid-19.pdf?sfvrsn=aa1b80a7_2
www.who.int/emergencies/diseases/novel-coronavirus-2019/situation-reports/
With the media and western governments announcements, travel bans to protect their borders and preventive measures, I don't know if the fear has been exaggerated in the financial markets. The media and governments will certainly affect the world economy.
www.msn.com/en-au/news/australia/it-just-seems-sensible-the-australians-stockpiling-for-the-coronavirus/ar-BB10xwRq?ocid=spartanntp
Certainly, the markets and stocks with high PE ratios will be reassessed to the realistic future earnings and suffer heavy losses (refer to 2000 - 2003 and 2007 - 2012 bear market).www.platinum.com.au/PlatinumSite/media/Reports/pai_m_update_202001.pdf
Ann: Half Yearly Report and Accounts, page-5
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92.0¢ |
Change
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Mkt cap ! $340.2M | |||
| Open | High | Low | Value | Volume |
| 91.5¢ | 92.5¢ | 91.0¢ | $180.1K | 197.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32300 | 91.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 66230 | 3 |
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