Australian stock market falls more than 2% over coronavirus impact

-
The Australian stock market opened 2.2% down on Monday morning, marking the seventh straight trading day of losses as the coronavirus spreads.

The S&P/ASX200 index was 144.2 points down at the start of trade on Monday.

The decline means the ASX has now gone down over 10% in the last seven trading days.

The Australian dollar was at its lowest point in a decade on Monday morning, buying 64.69 US cents.

Read more: https://www.theguardian.com/business/2020/mar/02/australian-stock-market-falls-more-than-2-over-coronavirus-impact

The ASX has tanked about 10% over the last week wiping off more than $240bn in value.

Comments

Post a Comment

Popular posts from this blog

5 key rules for maintaining a winter garden

-
Image
 A common mistake we tend to make is forgetting about our garden during winter. We wrongly assume that winter is the season where all plants go dormant. A garden requires maintenance all year-round, and the effort you put in the colder months will go a long way, come Spring. We spoke to Hipages to get the best tips for winter garden maintenance.  Below are five steps you can action to ensure you give your garden a real chance during winter. Read More: https://www.homebeautiful.com.au/garden-maintenance-winter
Read more

WHAT KILLS STARTUPS? AN ENTREPRENEUR'S GUIDE TO RISK MANAGEMENT

-
Image
Hello People, If you are planning to start a new business or have bought an established company, then you might still be struggling to find a foothold. Although it is much easier to get started when you own an already existing business, you should not take things lightly. There are several risks which can put a brake on the speed of a running venture. Thus you should be ready to keep them under control without getting affected by them. For this, you will have to be aware of these challenges. So here is an article that will help you understand all the risks in a better way.     https://www.business2sell.com.au/blogs/startup/what-kills-startups-an-entrepreneurs-guide-to-risk-management
Read more

What to Expect from Reliable End of Lease Cleaners?

-
Image
When you are moving out, cleaning the rental property can be taxing, both physically and mentally. It is never easy to clean a house thoroughly when you are occupied with other moving responsibilities. In this situation, reliable end of lease cleaners can be very helpful. They take care of the entire cleaning task that not only allows you to focus on your moving but also increase your chances of getting the bond back. I have recently moved to  Coburg suburb of Melbourne and hire professional cleaners to clean my previous rental house. Therefore, I am here to share what you can expect from the reliable end of lease cleaners.   Professional Cleaning When you are hiring  reliable end of lease cleaners, the first thing you can expect from them is  professional cleaning. They use their modern cleaning tool, advanced methods and a cleaning checklist to make sure that every corner of the property looks sparkling clean. When you get this level of cleaning, it increases...
Read more