BEIJING: Due to the corona virus, the Chinese stock market fell to its lowest level since 2015, the share prices of 26 hundred companies fell significantly.
According to the details, the terrible effects of the corona virus began to be highlighted, a sharp decline was recorded in the Chinese stock markets, after a decrease of nine percent in the Chinese stock markets, it came to the lowest level of 2015.
The share price of 2600 companies listed in the Chinese markets recorded a significant decrease while the Chinese Central Bank provided one twenty-four billion dollars in the banking system to support the economy and markets.
The Shanghai Composite Index recorded a decline of 242 points during today’s trade.
The effects of the decline in Chinese stock markets were also seen in other Asian markets, with the Japanese stock market down 264 points and the Taiwan market down 174 points.
At the end of last week, a significant decline was recorded in the American and European stock markets.
Keep in mind that the ravages of the corona virus are continuing in China, various cities are showing desolation, the number of deaths due to the corona virus has reached sixty three, while more than seventeen thousand people have been affected by the virus.
Wuhan, a city of one million people, has turned into a ghost city. People are trapped in their homes, the roads are deserted. Even in Beijing, the stations are deserted and the roads are empty of transport.
Various countries have closed their borders with China and suspended flights, while passengers coming from Indonesia’s capital Jakarta’s Purohan Airport to Jakarta are being sprayed and screened to prevent germs.
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– 2024-04-16 10:23:09
