Category: stocks

European exchanges pledge to stay open in face of coronavirus stampede

European exchanges have vowed to stay open for business despite extreme volatility triggered by the coronavirus epidemic and four countries banning short-selling to shield some of Europe’s biggest companies. The Federation of European Securities Exchanges (FESE) said European exchanges will and should continue to remain open at all times.  “Closing the markets would not change […]

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World stocks sink on coronavirus shock, oil price crash

European shares slumped across the board this morning as a lockdown in northern Italy due to the coronavirus outbreak and a 30% plunge in oil prices amplified fears of a global recession.  London’s commodity-heavy FTSE 100 was down 8.6%,with shares of oil majors BP and Royal Dutch Shell down more than 20%.  The top decliner […]

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