European exchanges down 3% on coronavirus news

UNITED STATES (OBSERVATORY NEWS) — European exchanges are falling on Monday on the news of the spread of coronavirus , including in Europe; French stock index CAC 40 and German DAX lose more than 3%, according to trading data.

As of 11.59 UTC, the French CAC 40 index fell by 3.32% – to 5829.61 points, the German DAX index – by 3.35%, to 13125.05 points, the British FTSE 100 – by 2.75%, to 7200 , 6 points.

According to the latest official data, the number of people infected in mainland China has already exceeded 77 thousand people, 2592 have died, over 24.7 thousand have been cured.

According to WHO, outside of mainland China, 1769 cases of infection were detected in 28 countries, 17 with a fatal outcome.

In particular, an outbreak of coronavirus was recorded in the northern regions of Italy.

On December 31, 2019, the Chinese authorities informed the World Health Organization about an outbreak of unknown pneumonia in the city of Wuhan in the central part of the country (Hubei Province).

Experts have found that the causative agent of the disease is a new coronavirus. WHO recognized the outbreak as an emergency of international importance and gave the disease its official name – COVID-2019.


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